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Fill in the blank : Price Index Number by Simple Aggregate Method is given by _______. - Mathematics and Statistics

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प्रश्न

Fill in the blank :

Price Index Number by Simple Aggregate Method is given by _______.

रिक्त स्थान भरें

उत्तर

Price Index Number by Simple Aggregate Method is given by `(sum"p"_1)/(sum"p"_0) xx 100`.

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अध्याय 5: Index Numbers - Miscellaneous Exercise 5 [पृष्ठ ९१]

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बालभारती Mathematics and Statistics 2 (Commerce) [English] 12 Standard HSC Maharashtra State Board
अध्याय 5 Index Numbers
Miscellaneous Exercise 5 | Q 2.01 | पृष्ठ ९१

संबंधित प्रश्न

Choose the correct alternative :

Value Index Number by Weighted Aggregate Method is given by


Fill in the blank :

Quantity Index Number by Simple Aggregate Method is given by _______.


Fill in the blank :

Quantity Index Number by Weighted Aggregate Method is given by _______.


State whether the following is True or False :

`(sum"p"_1)/(sum"p"_0) xx 100` is the price Index Number by Simple Aggregate Method.


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

Explain the types of index numbers.


Choose the correct alternative:

`(sum"p"_1"q"_1"w")/(sum"p"_0"q"_0"w") xx 100` gives


Find Price Index Number using Simple Aggregate method by taking 2005 as base year.

Commodity P Q R S T
Price in 2005 (in ₹) 10 25 14 20 30
Price in 2015 (in ₹) 32 40 20 45 70

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

Calculate Quantity Index Number using Simple Aggregate method

Commodity I II III IV V
Base year Quantity 140 120 100 200 225
Current year Quantity 100 80 70 150 185

Find values x and y if the Price Index Number by Simple Aggregate Method by taking 2001 as base year is 120, given `sum"p"_1` = 300.

Commodity A B C D
Price (in ₹) in 2001 90 x 90 30
Price (in ₹) in 2004 95 60 y 35

The Price Index Number for year 2004, with respect to year 2000 as base year. is known to be 130. Find the missing numbers in the following table if ∑p0 = 320

Commodity A B C D E F
Price (in ₹) in 2000 40 50 30 x 60 100
Price (in ₹) in 2000 50 70 30 85 y 115

Explain the meaning of the Price Index Number.


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.


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`

Choose the correct pair:

  Group A   Group B
1) Price Index a) `(sum"p"_1"q"_1)/(sum"p"_0"q"_0)xx100`
2) Value Index b) `(sum"q"_1)/(sumq"_0)xx100`
3) Quantity Index c) `(sum"p"_1"q"_1)/(sum"p"_0"q"_1)xx100`
4) Paasche's Index d) `(sum"p"_1)/(sum"p"_0")xx100`

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