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प्रश्न
Fill in the blank :
Quantity Index Number by Simple Aggregate Method is given by _______.
उत्तर
Quantity Index Number by Simple Aggregate Method is given by `(sum"q"_1)/(sum"q"_0) xx 100`.
APPEARS IN
संबंधित प्रश्न
Distinguish between:
Price Index and Quantity Index.
Choose the correct alternative :
Quantity Index Number by Simple Aggregate Method is given by
Quantity Index Number by Weighted Aggregate Method is given by ______.
Fill in the blank :
Price Index Number by Simple Aggregate Method is given by _______.
Fill in the blank :
Price 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 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 |
Choose the correct alternative:
`(sum"p"_1"q"_1"w")/(sum"p"_0"q"_0"w") xx 100` gives
Quantity 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
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 |
Find Quantity Index Number using Simple Aggregate method
| Commodity | A | B | C | D | E |
| Base year Quantity | 170 | 150 | 100 | 195 | 205 |
| Current year Quantity | 90 | 70 | 75 | 150 | 95 |
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 |
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 |
State with reason whether you agree or disagree with the following statement:
The quantity index number is one type of index number.
Explain the meaning of the Price Index Number.
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.
