Price change of a commodity is defined as the absolute difference in ending and beginning prices expressed as a percentage of the beginning. What is the commodity with the highest price changes

Arhar

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Pepper

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Sugar

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Gold

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None of these

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Solution

The correct option is A Arhar
Price change of each commodity is as follows:
Arhar $= \frac{2150 - 1700}{1700} = 26.5 %$
Pepper $= \frac{18950 - 18500}{18500} = 2.5 %$
Sugar $= \frac{1435 - 1440}{1440} = - 0.3 %$
Gold $= \frac{3840 - 4240}{4240} = 9.43 %$

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Price change of a commodity is defined as the absolute difference in ending and beginning prices expressed as a percentage of the beginning. What is the commodity with the highest price changes

The correct option is A ArharPrice change of each commodity is as follows: Arhar =2150−17001700=26.5% Pepper =18950−1850018500=2.5% Sugar =1435−14401440=−0.3% Gold =3840−42404240=9.43%

The correct option is A Arhar
Price change of each commodity is as follows:
Arhar $= \frac{2150 - 1700}{1700} = 26.5 %$
Pepper $= \frac{18950 - 18500}{18500} = 2.5 %$
Sugar $= \frac{1435 - 1440}{1440} = - 0.3 %$
Gold $= \frac{3840 - 4240}{4240} = 9.43 %$