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प्रश्न
Find the Value Index Number using Simple Aggregate Method in the following example.
Commodity | Base Year | Current Year | ||
Price | Quantity | Price | Quantity | |
A | 30 | 22 | 40 | 18 |
B | 40 | 16 | 60 | 12 |
C | 10 | 38 | 15 | 24 |
D | 50 | 12 | 60 | 16 |
E | 20 | 28 | 25 | 36 |
उत्तर
Commodity | Base year | Current year | p0q0 | p1q1 | ||
p0 | q0 | p1 | q1 | |||
A | 30 | 22 | 40 | 18 | 660 | 720 |
B | 40 | 16 | 60 | 12 | 640 | 720 |
C | 10 | 38 | 15 | 24 | 380 | 360 |
D | 50 | 12 | 60 | 16 | 600 | 960 |
E | 20 | 28 | 25 | 36 | 560 | 900 |
Total | - | - | - | - | 2840 | 3660 |
From the table, `sum "p"_0"q"_0 = 2840, sum"p"_1"q"_1 = 3660`
Value Index Number (V01) = `(sum"p"_1"q"_1)/(sum "p"_0"q"_0) xx 100`
`= 3660/2840 xx 100`
= 128.87
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संबंधित प्रश्न
Laaspeyre's index : _________ :: Paasche's index : Current year quantities
Solve the following:
Calculate Quantity Index number from the given data:
Commodity | P | Q | R | S | T |
Base year quantities | 170 | 150 | 100 | 195 | 205 |
Current year quantities | 90 | 70 | 75 | 150 | 95 |
Calculate Laaspeyre'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.
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 Price Index Number using the Simple Aggregate Method in the following example.
Use 1990 as base year in the following problem.
Commodity | Unit | Price (in ₹) for year 2000 |
Price (in ₹) for year 2006 |
Butter | kg | 27 | 33 |
Cheese | kg | 30 | 36 |
Milk | litre | 25 | 29 |
Bread | loaf | 10 | 14 |
Eggs | doz | 24 | 36 |
Ghee | tin | 250 | 320 |
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 |
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 |
Statements related to weighted index number:
- Suitable weights are assigned to various commodities.
- It gives relative importance to the commodity in the group.
- In most cases, quantities are used as weights.
- Laaspeyre’s Price index and Paasche’s Price Index are methods of constructing weighted index number.
Find the odd word
Steps involved in the construction of index number -
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 = ? |
- Complete the above table (1m)
- Construct Price Index number from the above data (3m)
State with reasons whether you agree or disagree with the following statement:
It is not essential to decide the purpose of an index number while constructing it.