Advertisements
Advertisements
प्रश्न
Calculate the cost of living index by aggregate expenditure method:
| Commodity | Weight 2010 |
Price (Rs.) | |
| 2010 | 2015 | ||
| P | 80 | 22 | 25 |
| Q | 30 | 30 | 45 |
| R | 25 | 42 | 50 |
| S | 40 | 25 | 35 |
| T | 50 | 36 | 52 |
Advertisements
उत्तर
| Commodity | Price (Rs.) | Weights (V) |
P = `"p"_1/"p"_0 xx 100` | PV | |
| 2010 (p0) |
2015 (p1) |
||||
| P | 22 | 25 | 80 | 113.63 | 9090.4 |
| Q | 30 | 45 | 30 | 150 | 4500 |
| R | 42 | 50 | 25 | 119.05 | 2976.25 |
| S | 25 | 35 | 40 | 140 | 5600 |
| T | 36 | 52 | 50 | 144.44 | 7222 |
| Total | `sum"V"` = 225 | `sum"PV"` = 29388.65 | |||
Cost of living index number = `(sum"PV")/(sum"V")`
= `29388.65/225`
= 130.62
APPEARS IN
संबंधित प्रश्न
Identify & explain the concept from the given illustration.
Bombay Stock Exchange has developed “Sensex” as a stock market index for reflecting the share prices of listed companies.
Define Index Number
State the uses of Index Number
Mention the classification of Index Number
Write note on Fisher’s price index number
State the test of adequacy of index number
Define Time Reversal Test
Calculate price index number for 2005 by (a) Laspeyre’s (b) Paasche’s method
| Commodity | 1995 | 2005 | ||
| Price | Quantity | Price | Quantity | |
| A | 5 | 60 | 15 | 70 |
| B | 4 | 20 | 8 | 35 |
| C | 3 | 15 | 6 | 20 |
Choose the correct alternative:
Another name of consumer’s price index number is:
Choose the correct alternative:
Which of the following Index number satisfy the time reversal test?
