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

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प्रश्न

Fill in the blank :

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

रिक्त स्थान भरें

उत्तर

Quantity Index Number by Simple Aggregate Method is given by `(sum"q"_1)/(sum"q"_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 2.02 | पृष्ठ ९१

संबंधित प्रश्न

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


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


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


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 Quantity Index Number using Simple Aggregate Method.

Commodity Base year quantity Current year quantity
A 100 130
B 170 200
C 210 250
D 90 110
E 50 150

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 ("P"_1"q"_1)/("p"_0"q"_0) xx 100` is the Value Index Number by Simple Aggregate Method


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 Price Index Number using Simple Aggregate method by taking 2000 as base year

Commodity Price (in ₹) for
year 2000
Price (in ₹) for
year 2007
Watch 900 1,475
Shoes 1,760 2,300
Sunglasses 60 1,040
Mobile 4,500 8,500

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

Choose the correct pair :

Group A Group B
1) Price Index a) `(sum p_1q_1)/(sum p_0q_0) xx 100`
2) Value Index b) `(sum q_1)/(sum q_0) xx 100`
3) Quantity Index c) `(sum p_1q_1)/(sum p_0 q_1) xx 100`
4) Paasche's Index d) `(sum p_1)/(sum p_0) xx 100`

Choose the correct pair:

Group A Group B
1) Price Index a) `(sump_1q_1)/(sump_0 q_0) × 100`
2) Value Index b) `(sumq_1)/(sumq_0) × 100`
3) Quantity Index c) `(sump_1q_1)/(sump_0 q_1) × 100`
4) Paasche's Index d) `(sump_1)/(sump_0) × 100`

Calculate the price index number for the given data.

Commodity A B
Price in 2020 (₹) 20 30
Price in 2021 (₹) 40 40

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.


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