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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 - Mathematics and Statistics

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प्रश्न

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
सारिणी
योग

उत्तर

Commodity Bae yer Current Year    
Price
p0
Quantity
q0
Price
p1
Quantity
q1
p0q0 p1q1
A 10 10 20 10 100 200
B 8 20 22 15 160 330
C 2 x 8 10 2x 80
D 9 10 16 10 90 160
E 5 6 3 10 30 30
Total         380 + 2x 800

Form the table, `sum"p"_0"q"_0` = 380 + 2x, `sum"p"_1"q"_1` = 800

Value Index Number (V01) = `(sum"p"_1"q"_1)/(sum"p"_0"q"_0) xx 100`

∴ 200 = `800/(380 + 2x) xx 100`

∴ 380 + 2x = `800/200 xx 100`

∴ 380 + 2x = 400

∴ 2x = 20 

∴ x = 10

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अध्याय 2.5: Index Numbers - Q.4

संबंधित प्रश्न

Choose the correct alternative :

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Quantity Index Number by Simple Aggregate Method is given by


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


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Value Index Number by Weighted Aggregate Method is given by


Fill in the blank :

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


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


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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 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

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Price Index Number by Weighted Aggregate Method is given by ______


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The three types of Index numbers are
i. Price Index Number
ii. Quantity Index Number
iii. Value Index Number


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

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Commodity A B C D E
Base year Quantity 170 150 100 195 205
Current year Quantity 90 70 75 150 95

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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

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Group A Group B
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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`

Calculate the price index number for the given data.

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

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