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Given the following data and using Weighted Average Price Relative Method, construct index number for 2018 based on 2004 prices.

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Given the following data and using Weighted Average Price Relative Method, construct index number for 2018 based on 2004 prices.
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`P_(01)=(SigmaRW)/(SigmaW)=(40,000)/(100)=400`
Price Index = 400.
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