Find the consumer price index for 2014 on the base of 2008 , from t...
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Find the consumer price index for 2014 on the base of 2008 , from the following data, using the method of weighted relatives :
\begin{tabular}{|l|c|c|c|c|c|}
\hline Item & Food & Rent & Clothing & Fuel & Miscellaneous \\
\hline Price in 2008 (in βΉ) & 200 & 100 & 150 & 50 & 100 \\
Price in 2014 (in βΉ) & 280 & 200 & 120 & 100 & 200 \\
Weight & 30 & 20 & 20 & 10 & 20 \\
\hline
\end{tabular}
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