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प्रश्न
Calculate Value Index Number for the following using Simple Aggregate Method
| Commodity | Base Year | Current Year | ||
| Price | Quantity | Price | Quantity | |
| A | 30 | 13 | 40 | 15 |
| B | 40 | 15 | 70 | 20 |
| C | 10 | 12 | 60 | 22 |
| D | 50 | 10 | 90 | 18 |
| E | 20 | 14 | 100 | 16 |
उत्तर
| Commodity | Base Year | Current Year | ||||
| p0 | q0 | p1 | q1 | p0q0 | p1q1 | |
| A | 30 | 13 | 40 | 15 | 390 | 600 |
| B | 40 | 15 | 70 | 20 | 600 | 1400 |
| C | 10 | 12 | 60 | 22 | 10 | 1320 |
| D | 50 | 10 | 90 | 18 | 500 | 1620 |
| E | 20 | 14 | 100 | 16 | 280 | 1600 |
| Total | – | – | – | – | 1890 | 6540 |
Value Index Number (V01) = `(sum"p"_1"q"_1)/(sum"p"_0"q"_0) xx 100`
= `6540/1890 xx 100`
= 346.03
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संबंधित प्रश्न
Complete the Correlation:
Price Index : Inflation :: ______ : Agricultural production
Choose the correct alternative :
Price Index Number by Simple Aggregate Method is given by
Choose the correct alternative :
Quantity Index Number by Simple Aggregate Method is given by
Fill in the blank :
Quantity Index Number by Simple Aggregate Method is given by _______.
Fill in the blank :
Value Index Number by Simple Aggregate Method is given by _______.
Fill in the blank :
Price Index Number by Weighted Aggregate Method is given by _______.
Fill in the blank :
Quantity Index Number by Weighted Aggregate Method is given by _______.
Solve the following problem :
Find the Price Index Number using Simple Aggregate Method. Consider 1980 as base year.
| Commodity | Price in 1980 (in ₹) | Price in 1985 (in ₹) |
| I | 22 | 46 |
| II | 38 | 36 |
| III | 20 | 28 |
| IV | 18 | 44 |
| V | 12 | 16 |
Solve the following problem :
Find the Value Index Number using Simple Aggregate Method.
| Commodity | Base Year | Current Year | ||
| Price | Quantity | Price | Quantity | |
| I | 20 | 42 | 22 | 45 |
| II | 35 | 60 | 40 | 58 |
| III | 50 | 22 | 55 | 24 |
| IV | 60 | 56 | 70 | 62 |
| V | 25 | 40 | 30 | 41 |
Choose the correct alternative:
`(sum"p"_1"q"_1"w")/(sum"p"_0"q"_0"w") xx 100` gives
Price Index Number by Weighted Aggregate Method is given by ______
State whether the following statement is True or False:
The three types of Index numbers are
i. Price Index Number
ii. Quantity Index Number
iii. Value Index Number
State whether the following statement is True or False:
`sum("q"_1)/("q"_0) xx 100` is the Quantity Index Number by Simple Aggregate Method
State whether the following statement is True or False:
`sum ("P"_1"q"_1)/("p"_0"q"_0) xx 100` is the Value Index Number by Simple Aggregate Method
Find x if the Price Index Number by Simple Aggregate Method is 125
| Commodity | P | Q | R | S | T |
| Base Year Price (in ₹) | 10 | 8 | 12 | 24 | 18 |
| Current Year Price (in ₹) | 14 | 10 | x | 28 | 22 |
Find x from following data if the Value Index Number is 200.
| Commodity | Base Year | Current Year | ||
| Prive | Quantity | Price | Quantity | |
| A | 10 | 10 | 20 | 10 |
| B | 8 | 20 | 22 | 15 |
| C | 2 | x | 8 | 10 |
| D | 9 | 10 | 16 | 10 |
| E | 5 | 6 | 3 | 10 |
Identify and explain the concept from the given illustration:
Pooja collected information regarding a change in the quantity of imports of India from 2019 to 2020 and prepared an index number.
State with reasons whether you agree or disagree with the following statement.
There are many types of index numbers.
Observe the following table and answer the questions given below it:
| Commodities | Prices in 2006 (in ₹) (Base Year) P0 | Prices in 2006 (in ₹) (Current Year) P1 |
| A | 20 | 30 |
| B | 30 | 45 |
| C | 40 | 60 |
| D | 50 | 75 |
| E | 60 | 90 |
Questions:
- Write the formula for calculation of price index.
- Find the value of ∑P0 and ∑P1.
- Find the price index P01.
Choose the correct pair :
| Group A | Group B | ||
| 1) | Price Index | a) | `(sump_1q_1)/(sump_0q_0) xx 100` |
| 2) | Value Index | b) | `(sumq_1)/(sumq_0) xx 100` |
| 3) | Quantity Index | c) | `(sump_1q_1)/(sump_0q_1) xx 100` |
| 4) | Paasche's Index | d) | `(sump_1)/(sump_0) xx 100` |
