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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 | 50 | 22 | 70 | 14 |
B | 70 | 16 | 90 | 22 |
C | 60 | 18 | 105 | 14 |
D | 120 | 12 | 140 | 15 |
E | 100 | 22 | 155 | 28 |
उत्तर
Commodity | Base year | Current year | p0q0 | p1q1 | ||
p0 | q0 | p1 | q1 | |||
A | 50 | 22 | 70 | 14 | 1100 | 980 |
B | 70 | 16 | 90 | 22 | 1120 | 1980 |
C | 60 | 18 | 105 | 14 | 1080 | 1470 |
D | 120 | 12 | 140 | 15 | 1440 | 2100 |
E | 100 | 22 | 155 | 28 | 2200 | 4340 |
Total | - | - | - | - | 6940 | 10870 |
From the table, `sum "p"_0"q"_0 = 6940, sum"p"_1"q"_1 = 10870`
Value Index Number (V01) = `(sum"p"_1"q"_1)/(sum "p"_0"q"_0) xx 100`
`= 10870/6940 xx 100`
= 156.63
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संबंधित प्रश्न
Laaspeyre's index : _________ :: Paasche's index : Current year quantities
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 |
Find the Price Index Number using Simple Aggregate Method in the following example.
Use 1995 as base year in the following problem.
Commodity | P | Q | R | S | T |
Price (in ₹) in 1995 | 15 | 20 | 24 | 23 | 28 |
Price (in ₹) in 2000 | 27 | 38 | 32 | 40 | 45 |
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 Price Index Number using the Simple Aggregate Method in the following example.
Assume 2000 to be base year in the following problem.
Fruit | Unit | Price (in ₹) in 2000 |
Price (in ₹) for 2007 |
Mango | doz | 250 | 300 |
Banana | doz | 12 | 24 |
Apple | kg | 80 | 110 |
Peach | kg | 75 | 90 |
Orange | doz | 36 | 65 |
Sweet Lime | doz | 30 | 45 |
Find the Price Index Number using the Simple Aggregate Method in the following example.
Use 2005 as base year in the following problem.
Vegetable | Unit | Price (in ₹) in 2005 |
Price (in ₹) for 2012 |
Ladies Finger | kg | 32 | 38 |
Capsicum | kg | 30 | 36 |
Brinjal | kg | 40 | 60 |
Tomato | kg | 40 | 62 |
Potato | kg | 16 | 28 |
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 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 |
Find the odd word
Steps involved in the construction of index number -
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.
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.