What is index number? Why we need to learn about index number? The earliest recorded calculation of index number was in 1750. There are varieties of index number with different calculation. Sometimes they are certain situation in our daily life, we use the concept of index number to interpret that situations.
Let’s watch this video to know further about index number.
After watching all videos, I hope all of us can understand and able to answer the questions involving index number.
Let’s try this question:
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