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Question
Quantity Index Number by Simple Aggregate Method is given by ______.
Options
`sum(q_1)/(q_0) xx 100`
`sum(q_0)/(q_1) xx 100`
`(sumq_1)/(sumq_0) xx 100`
`(sumq_0)/(sumq_1) xx 100`
MCQ
Fill in the Blanks
Solution
Quantity Index Number by Simple Aggregate Method is given by `bb(underline((sumq_1)/(sumq_0) xx 100)`.
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Construction of Index Numbers - Simple Aggregate Method
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