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

Price Index Number by Weighted Aggregate Method is given by ______ - Mathematics and Statistics

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प्रश्न

Price Index Number by Weighted Aggregate Method is given by ______

रिकाम्या जागा भरा

उत्तर

`(sum"p"_1"w")/(sum"p"_0"w") xx 100`

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पाठ 2.5: Index Numbers - Q.2

संबंधित प्रश्‍न

Choose the correct alternative :

Quantity Index Number by Simple Aggregate Method is given by


Fill in the blank :

Quantity Index Number by Simple Aggregate Method is given by _______.


Fill in the blank :

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


State whether the following is True or False :

`(sum"p"_1)/(sum"p"_0) xx 100` is the price 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


State whether the following statement is True or False:

`sum("q"_1)/("q"_0) xx 100` is the Quantity Index Number by Simple Aggregate Method


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

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

Commodity P Q R S T
Base Year Price (in ₹) 10 8 12 24 18
Current Year Price (in ₹) 14 10 x 28 22

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`

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

The quantity index number is one type of index number.


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.


Choose the correct pair :

Group A Group B
1) Price Index a)

`(sump1q1)/(sump0q0)xx100`

2) Value Index b) `(sumq1)/(sumq0)xx100`
3) Quantity Index c) `(sump1q1)/(sump0q1)xx100`
4) Paasche's Index d) `(sump1)/(sump0)xx100`

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) `(sump_1q_1)/(sump_0q_0) xx 100`
2) Value Index b) `(sumq_1)/(sumq_0) xx 100`
3) Quantity Index c) `(sump_1q_1)/(sump_0q_1) xx 100`
4) Paasche's Index d) `(sump_1)/(sump_0) xx 100`

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