The current price of a soap is Rs 10. The base price is 4. Find price relative.

0.4

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0.25

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0.3

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None of the above

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Solution

The correct option is D 0.25
Price relative $=$ Base Price $/$ Current Price
$= \frac{4}{10} = 0.25$

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Price Relatives = (Current year price/?) $\times 100$

R s .540

10

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