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What is Cement Price Index Calculation Example about?

The document provides an example calculation for adjusting the price of cement according to a price adjustment clause. It shows how to calculate the increase or decrease in cement cost (Vs) during a quarter using the percentage of cement component (Ps), total value of cement (R), the current wholesale price index for cement (S1), and the baseline wholesale price index (So). The example calculation determines the price adjustment per bag of cement is an increase of Rs. 2.87, bringing the total paid price to

Author

simplyarnav90

Language

EN