Homework Answers
Value of basket in 2000 = 10 * 12 + 5 * 17 + 3 * 18 = 259
Value of basket in 2010 = 10 * 14 + 5 * 16 + 3 * 18 = 274
Change in price = (value of basket in 2010 - Value of basket in 2000)/Value of basket in 2000 * 100
= (274 - 259) / 259 * 100
= 5.79%
option d is given in option is wrong, it should be 5.79% not 5.97%
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