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प्रश्न
Compute the consumer price index for 2015 on the basis of 2014 from the following data.
| Commodities | Quantities | Prices in 2015 | Prices in 2016 |
| A | 6 | 5.75 | 6.00 |
| B | 6 | 5.00 | 8.00 |
| C | 1 | 6.00 | 9.00 |
| D | 6 | 8.00 | 10.00 |
| E | 4 | 2.00 | 1.50 |
| F | 1 | 20.00 | 15.00 |
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उत्तर
| Commodities | Quantities (q0) |
Prices in 2015 (p0) |
Prices in 2016 (p1) |
p0q0 | p1q0 |
| A | 6 | 5.75 | 6.00 | 34.50 | 36.00 |
| B | 6 | 5.00 | 8.00 | 30.00 | 48.00 |
| C | 1 | 6.00 | 9.00 | 6.00 | 9.00 |
| D | 6 | 8.00 | 10.00 | 48.00 | 60.00 |
| E | 4 | 2.00 | 1.50 | 8.00 | 6.00 |
| F | 1 | 20.00 | 15.00 | 20.00 | 15.00 |
| Total | 146.50 | 174.00 | |||
Consumer price index = `(sum"p"_0"q"_1)/(sum"p"_0"q"_0) xx 100`
= `174.00/146.50 xx 100`
= 118.77
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संबंधित प्रश्न
______ : Base year prices :: P1 : Current year prices.
Complete the Correlation:
__________ : Single variable :: Composite index : Group of variables
Features of index numbers:
- It is useful in framing suitable economic policies.
- It is useful to present financial data in real terms
- Index numbers are statistical devices.
- Index numbers are specialized averages.
Find the odd word
Types of index numbers -
Assertion (A): Index numbers are statistical devices.
Reasoning (R): Index numbers measure only changes in the price level over a period of time.
Identify & explain the concept from the given illustration.
Agricultural Research Institute constructed an index number to measure changes in the production of raw cotton in Maharashtra during the period 2015-2020.
State the uses of Index Number
Define family budget method
State the uses of cost of Living Index Number
Complete the correlation:
P0 : ______ : : P1 : Current year price.
