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Answer: C. \(\frac{\Sigma p_1}{\Sigma p_0}\times 100\)

Answer: (c) \(\frac{\Sigma p_1}{\Sigma p_0}\times 100\)

In the simple aggregate method the total of current year prices is divided by the total of base year prices: \(P_{01}=\frac{\Sigma p_1}{\Sigma p_0}\times 100\).

Doubtly AI · 28 Oct 2026 AI-verified · Oct 2026 Report
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