7. Calculate the weighted price index from the following data : Quantity required Price during 1995 Material Unit required 1994 i $ 8.0 14.2 42.0 24.0 100 lb. 500 lb. 5.0 Cement Timber c.ft. Steel sheet: Bricks 2,000 c.ft. 50 cwt. 20,000 9.5 34.0 12.0 cwt. per '000

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