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XAT 2013 Question 94

This is a detailed step-by-step solution for XAT 2013 Question 94. Understand the concept, common mistakes, and expert tips to solve similar questions in XAT exam.

XAT

CPI and WPI are price indices used to keep track of inflation.
CPI is the abbreviation of Consumer Price index. It calculates the average price paid by the consumer to the shopkeepers.
WPI is the abbreviation of Wholesale price index. It calculates the price paid by the manufactures and wholesalers in the market.

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