The reveals the extra expenses that are incurred by an individual.

price index

No worries! We‘ve got your back. Try BYJU‘S free classes today!

WPI

No worries! We‘ve got your back. Try BYJU‘S free classes today!

FPI

No worries! We‘ve got your back. Try BYJU‘S free classes today!

CPI

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D CPI
While calculating the price index, the CPI is calculated first, which reveals the extra expenses incurred by an individual due to inflation.

Suggest Corrections

Similar questions

Question 30

___ expenses are the additional expenses incurred by a buyer for an item over and above its cost of purchase.

Join BYJU'S Learning Program