The formula for cost of living index number is ----

1.	The formula for cost of living index number is ----
Answer» Answer: An index number is a FIGURE reflecting price or quantity compared with a base value. The base value always has an index number of 100. The index number is then expressed as 100 times the ratio to the base value.⇒ Cost of LIVING index = ∑w∑I. w=10010441. 5=104. Step-by-step explanation: HOPE it helps U and mark this answer as brainliest answer

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An index number is a FIGURE reflecting price or quantity compared with a base value. The base value always has an index number of 100. The index number is then expressed as 100 times the ratio to the base value.⇒ Cost of LIVING index = ∑w∑I. w=10010441. 5=104.

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The formula for cost of living index number is ----​

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The formula for cost of living index number is ----