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प्रश्न
Observe the following table and answer the questions given below it:
| Commodities | Prices in 2006 (in ₹) (Base Year) P0 | Prices in 2006 (in ₹) (Current Year) P1 |
| A | 20 | 30 |
| B | 30 | 45 |
| C | 40 | 60 |
| D | 50 | 75 |
| E | 60 | 90 |
Questions:
- Write the formula for calculation of price index.
- Find the value of ∑P0 and ∑P1.
- Find the price index P01.
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उत्तर
1. P01 = `(∑"P"_1)/(∑"P"_0) xx 100`
2.
| Commodities | Prices in 2006 (in ₹) (Base Year) P0 | Prices in 2006 (in ₹) (Current Year) P1 |
| A | 20 | 30 |
| B | 30 | 45 |
| C | 40 | 60 |
| D | 50 | 75 |
| E | 60 | 90 |
| ∑P0 = 200 | ∑P1 = 300 |
∑P0 = 200, ∑P1 = 300
3. P01 = `(∑"P"_1)/(∑"P"_0) xx 100`
= `300/200 xx 100`
= `3/2 xx 100`
= 150
The price index P01 = ₹ 150.
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| Price | Quantity | Price | Quantity | |
| A | 30 | 13 | 40 | 15 |
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| Base year Quantity | 140 | 120 | 100 | 200 | 225 |
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| 4) | Paasche's Index | d) | `(sump1)/(sump0)xx100` |
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| Group A | Group B | ||
| 1) | Price Index | a) | `(sump_1q_1)/(sump_0q_0) xx 100` |
| 2) | Value Index | b) | `(sumq_1)/(sumq_0) xx 100` |
| 3) | Quantity Index | c) | `(sump_1q_1)/(sump_0q_1) xx 100` |
| 4) | Paasche's Index | d) | `(sump_1)/(sump_0) xx 100` |
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| 1) | Price Index | a) | `(sum"p"_1"q"_1)/(sum"p"_0"q"_0)xx100` |
| 2) | Value Index | b) | `(sum"q"_1)/(sumq"_0)xx100` |
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| 4) | Paasche's Index | d) | `(sum"p"_1)/(sum"p"_0")xx100` |
