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प्रश्न
Find Price Index Number using Simple Aggregate method by taking 2000 as base year
| Commodity | Price (in ₹) for year 2000 |
Price (in ₹) for year 2007 |
| Watch | 900 | 1,475 |
| Shoes | 1,760 | 2,300 |
| Sunglasses | 60 | 1,040 |
| Mobile | 4,500 | 8,500 |
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योग
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उत्तर
| Commodity | Price in 2000 (Base year) p0 |
Price in 2007 (Current year) p1 |
| Watch | 900 | 1,475 |
| Shoes | 1,760 | 2,300 |
| Sunglasses | 60 | 1,040 |
| Mobile | 4,500 | 8,500 |
| Total | 7,760 | 13,315 |
From the table, `sum"p"_0` = 7,760, `sum"p"_1` = 13,315
Price Index Number (P01) = `(sum"p"_1)/(sum"p"_0) xx 100`
= `(13,315)/(7,760) xx 100`
=171.59
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