In inflation accounting which of the following formula is used for Calculating the conversion factor under 'Current Purchasing Power' method?
1
\(\frac{\text { Price Index at the current period }}{\text { Price index at the hostrical period }} \times 100\)
2
\(\frac{\text { Price Index at the hostrical period }}{\text { Price index at the current period }} \times 100\)
3
\(\frac{\text { Price Index at the current period }}{\text { Price index at the hostrical period }}\)
4
\(\frac{\text { Price Index at the hostrical period }}{\text { Price index at the current period }}\)
5
Question Not Attempted