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

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
तक्ता
बेरीज

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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पाठ 2.5: Index Numbers - Q.4

संबंधित प्रश्‍न

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


Choose the correct alternative :

Value 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 :

Value Index Number by Weighted Aggregate Method is given by _______.


Solve the following problem :

Find the Price Index Number using Simple Aggregate Method. Consider 1980 as base year.

Commodity Price in 1980 (in ₹) Price in 1985 (in ₹)
I 22 46
II 38 36
III 20 28
IV 18 44
V 12 16

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 ______.


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 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 Price Index Number using Simple Aggregate method by taking 2000 as base year

Commodity Price (in ₹) for
year 2000
Price (in ₹) for
year 2007
Watch 900 1,475
Shoes 1,760 2,300
Sunglasses 60 1,040
Mobile 4,500 8,500

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

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`

Calculate the price index number for the given data.

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

Give an economic term:

An index number measuring the general changes in the prices of goods over a period of time.


Identify and explain the concept from the given illustration:

Pooja collected information regarding a change in the quantity of imports of India from 2019 to 2020 and prepared an 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:

  1. Write the formula for calculation of price index.
  2. Find the value of ∑P0 and ∑P1.
  3. Find the price index P01.

Choose the correct pair:

  Group A   Group B
1) Price Index a) `(sum"p"_1"q"_1)/(sum"p"_0"q"_0)xx100`
2) Value Index b) `(sum"q"_1)/(sumq"_0)xx100`
3) Quantity Index c) `(sum"p"_1"q"_1)/(sum"p"_0"q"_1)xx100`
4) Paasche's Index d) `(sum"p"_1)/(sum"p"_0")xx100`

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