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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Find the Quantity Index Number using the Simple Aggregate Method in the following example. - Mathematics and Statistics

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प्रश्न

Find the Quantity Index Number using the Simple Aggregate Method in the following example.

Commodity I II III IV V
Base Year Quantities 140 120 100 200 225
Current Year Quantities 100 80 70 150 185
बेरीज

उत्तर

Commodity Base Year Quantities q0 Current Year Quantities q1
I 140 100
II 120 80
III 100 70
IV 200 150
V 225 185
Total 785 585

From the table, ∑ q0 = 785, ∑ q1 = 585

Price Index Number (Q01) = `(sum "q"_1)/(sum "q"_0) xx 100`

`= 585/785 xx 100`

= 74.52

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पाठ 5: Index Numbers - Exercise 5.1 [पृष्ठ ७८]

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संबंधित प्रश्‍न

Calculate the price index number from the given data:

Commodity A B C D
Price in 2005 (₹) 6 16 24 4
Price in 2010 (₹) 8 18 28 6

Solve the following:

Calculate Value Index number from the given data:

Commodity Base year Current year
Price Quantity Price Quantity
A 40 15 70 20
B 10 12 60 22
C 50 10 90 18
D 20 14 100 16
E 30 13 40 15

Solve the following:

Calculate Paasche's index from the given data:

Commodity Base year current year
Price Quantity Price Quantity
X 8 30 12 25
Y 10 42 20 16

Distinguish between Laaspeyre's Index and Paasche's Index.


Explain the steps involved in the construction of index numbers.


Find the Price Index Number using Simple Aggregate Method in the following example.

Use 1995 as base year in the following problem.

Commodity A B C D E
Price (in ₹) in 1995 42 30 54 70 120
Price (in ₹) in 2005 60 55 74 110 140

Find the Price Index Number using Simple Aggregate Method in the following example.

Commodity Unit Base Year Price (in ₹) Current Year Price
(in ₹)
Wheat kg 28 36
Rice kg 40 56
Milk litre 35 45
Clothing meter 82 104
Fuel litre 58 72

Find the Price Index Number using the Simple Aggregate Method in the following example.

Use 2000 as base year in the following problem.

Commodity Price (in ₹) for
year 2000
Price (in ₹) for year 2006
Watch 900 1475
Shoes 1760 2300
Sunglasses 600 1040
Mobile 4500 8500

Find the Quantity Index Number using the Simple Aggregate Method in the following example.

Commodity A B C D E
Base Year Quantities 360 280 340 160 260
Current Year Quantities 440 320 470 210 300

Find the Value Index Number using Simple Aggregate Method in the following example.

Commodity Base Year Current Year
Price Quantity Price Quantity
A 50 22 70 14
B 70 16 90 22
C 60 18 105 14
D 120 12 140 15
E 100 22 155 28

Find x if the Price Index Number by Simple Aggregate Method is 125.

Commodity P Q R S T
Base Year Price (in ₹) 8 12 16 22 18
Current Year
Price (in ₹)
12 18 x 28 22

Find x if the Price Index Number by Simple Aggregate Method is 120, taking 1995 as base year.

Commodity A B C D
Price (in ₹) for 1995 95 y 80 35
Price (in ₹) for 2003 116 74 92 42

Assertion (A): Generally, arithmetic mean is used in the construction of index numbers.

Reasoning (R): Arithmetic mean is simple to compute compared to other averages.


State with reason whether you agree or disagree with the following statement:

Any year can be selected as the base year


Study the following table, figure, passage and answer the question given below it.

Commodities Price in 2015 in
Rs (base year) P0
Price in 2019 in
Rs. (current year) P1
L 20 30
M 60 80
N 100 130
O 40 60
Total ∑P0 = ? ∑P1 = ?
  1. Complete the above table (1m)
  2. Construct Price Index number from the above data (3m)

Explain the steps in constructing a price index number.


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