Question

The prices (in ₹) of different yarns (per kg) in two consecutive years are as follows.

By simple aggregative method, the net price changes in % is:

A net increase of 2.5% in price. Correct Answer Incorrect Answer
B net increase of 2% in price. Correct Answer Incorrect Answer
C net decrease of 2% in price. Correct Answer Incorrect Answer
D net decrease of 2.5% in price. Correct Answer Incorrect Answer

Solution

The correct answer is A

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