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The following are two sets of retail prices of a family's shopping basket. The data pertain to retail prices during 2014 and 2015. Commodity Unit

The following are two sets of retail prices of a family's shopping basket. The data pertain to retail prices during 2014 and 2015. Commodity Unit Price (Rs) 2014 2015 Shirt 350 400 Trouser 450 550 Jacket 1200 1500 Shoes 1800 2200 Watch 1100 1700 a. Calculate the simple price index for 2015 using 2014 as the base year. b. Calculate the simple aggregate price index for 2015 using 2014 as the base year

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