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

Solve the following problem : Calculate Laspeyre’s and Paasche’s Price Index Number for the following data. - Mathematics and Statistics

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प्रश्न

Solve the following problem :

Calculate Laspeyre’s and Paasche’s Price Index Number for the following data.

Commodity Base year Current year
  Price
p0
Quantity
q0
price
p1
Quantity
q1
A 20 18 30 15
B 25 8 28 5
C 32 5 40 7
D 12 10 18 10
बेरीज

उत्तर

Commodity Base Year Current Year p0q0 p1q0 p0q1 p1q1
  p0 q0 p1 q1        
A 20 18 30 15 360 540 300 450
B 25 8 28 5 200 224 125 140
C 32 5 40 7 160 200 224 280
D 12 10 18 10 120 180 120 180
Total 840 1144 769 1050

From the table,
`sum"p"_0"q"_0 = 840, sum"p"_1"q"_0 = 1144`,

`sum"p"_0"q"_1 = 769, sum"p"_1"q"_1 = 1050`
Laspeyre's Price Index Number:

P01(L) = `(sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx 100`

= `(1144)/(840) xx 100`

= 136.19
Paasche's Price Index Number:

P01(P) = `(sum"p"_1"q"_1)/(sum"p"_0"q"_1) xx 100`

= `(1050)/(769) xx 100`

= 136.54

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Construction of Index Numbers - Weighted Aggregate Method
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 5: Index Numbers - Miscellaneous Exercise 5 [पृष्ठ ९२]

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बालभारती Mathematics and Statistics 2 (Commerce) [English] 12 Standard HSC Maharashtra State Board
पाठ 5 Index Numbers
Miscellaneous Exercise 5 | Q 4.05 | पृष्ठ ९२

संबंधित प्रश्‍न

Calculate Laspeyre’s, Paasche’s, Dorbish-Bowley’s, and MarshallEdgeworth’s Price index numbers.

Commodity Base Year Current Year
Price Quantity Price Quantity
A 8 20 11 15
B 7 10 12 10
C 3 30 5 25
D 2 50 4 35

Given that ∑ p0q0 = 220, ∑ p0q1 = 380, ∑ p1q1 = 350 and MarshallEdgeworth’s Price Index Number is 150, find Laspeyre’s Price Index Number.


Find x in the following table if Laspeyre’s and Paasche’s Price Index Numbers are equal.

Commodity Base Year Current year
Price Quantity Price Quantity
A 2 10 2 5
B 2 5 x 2

If Laspeyre's Price Index Number is four times Paasche's Price Index Number, then find the relation between Dorbish-Bowley's and Fisher's Price Index Numbers.


Choose the correct alternative :

The price Index Number by Weighted Aggregate Method is given by ______.


Fill in the blank :

Dorbish-Bowley’s Price Index Number is given by _______.


Fill in the blank :

Marshall-Edgeworth’s Price Index Number is given by _______.


Walsh’s Price Index Number is given by _______.


`(sump_1q_0)/(sump_0q_0) xx 100` is Paasche’s Price Index Number.


`(sum"p"_0sqrt("q"_0"q"_1))/(sum"p"_1sqrt("q"_0"q"_1)) xx 100` is Walsh’s Price Index Number.


Solve the following problem :

Calculate Marshall-Edgeworth’s Price Index Number for the following data.

Commodity Base Year Current Year
  Price
p0
Quantity
q0
Price
p1
Quantity
q1
X 12 35 15 25
Y 29 50 30 70

Solve the following problem :

Calculate Laspeyre’s and Paasche’s Price Index Number for the following data.

Commodity Base Year Current Year
  Price
P0
Quantity
q0
Price
p1
Quantity
q1
I 8 30 12 25
II 10 42 20 16

Find x if Laspeyre’s Price Index Number is same as Paasche’s Price Index Number for the following data

Commodity Base Year Current Year
  Price
p0
Quantity
q0
Price
p1
Quantity
q1
A 3 x 2 5
B 4 6 3 5

Choose the correct alternative:

Dorbish–Bowley’s Price Index Number is


Choose the correct alternative:

Walsh's Price Index Number is given by


Choose the correct alternative:

Fisher’s Price Index Number is


State whether the following statement is True or False:

`(sum"p"_1"q"_1)/(sum"p"_0"q"_1) xx 100` is Paasche’s Price Index Number


State whether the following statement is True or False:

`[sqrt((sum"p"_1"q"_1)/(sum"p"_0"q"_1)) + (sumsqrt("q"_0"q"_1))/(sum("p"_0 + "p"_1))] xx 100` is Fisher’s Price Index Number.


If `sum"p"_0"q"_0` = 150, `sum"p"_0"q"_1` = 250, `sum"p"_1"q"_1` = 375 and P01(L) = 140. Find P01(M-E)


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