Price volatility PV of a commodity is defined as follows PV - highest price during the period- lowest price during the period - average price during the period and Average price - Highest price - lowest price-ending price-beginning price -1 What is the commodity with the lowest price volatility-A- ArharB- PepperC- SugarD- None of theseE- Gold

The correct option is C SugarPrice Volatility is defined in the question PV = H.P. I.P./A.P. [ Commodity amp;H.P. amp;L.P. amp;A.P. amp;PV ...

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Price volatil...

Question

Price volatility (PV) of a commodity is defined as follows PV = (highest price during the period- lowest price during the period) / average price during the period and
Average price = $\frac{H i g h e s t p r i c e + l o w e s t p r i c e + e n d i n g p r i c e + b e g i n n i n g p r i c e}{4}$
What is the commodity with the lowest price volatility?

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 C Sugar
Price Volatility is defined in the question $P V = \frac{H . P . - I . P .}{A . P .}$
$\begin{matrix} C o m m o d i t y & H . P . & L . P . & A . P . & P V A r h a r & 2300 & 1500 & 1912.50 & 0.42 P e p p e r & 19500 & 17400 & 18622.50 & 0.112 S u g a r & 1500 & 1410 & 1446.25 & 0.06 G o l d & 4300 & 3800 & 4045 & 0.124 \end{matrix}$
So the lowest price volatility is for sugar.

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Price volatility (PV) of a commodity is defined as follows PV = (highest price during the period- lowest price during the period) / average price during the period and Average price = Highest price+lowest price+ending price+beginning price4 What is the commodity with the lowest price volatility?

The correct option is C SugarPrice Volatility is defined in the question PV=H.P.−I.P.A.P. CommodityH.P.L.P.A.P.PVArhar230015001912.500.42Pepper195001740018622.500.112Sugar150014101446.250.06Gold4300380040450.124 So the lowest price volatility is for sugar.