HSC Commerce कक्षा १२ - Tamil Nadu Board of Secondary Education Question Bank Solutions for Business Mathematics and Statistics

Define family budget method

State the uses of cost of Living Index Number

Calculate by a suitable method, the index number of price from the following data:

Calculate price index number for 2005 by (a) Laspeyre’s (b) Paasche’s method

Compute (i) Laspeyre’s (ii) Paasche’s (iii) Fisher’s Index numbers for the 2010 from the following data.

Using the following data, construct Fisher’s Ideal index and show how it satisfies Factor Reversal Test and Time Reversal Test?

Using Fisher’s Ideal Formula, compute price index number for 1999 with 1996 as base year, given the following:

Calculate Fisher’s index number to the following data. Also show that it satisfies Time Reversal Test.

The following are the group index numbers and the group weights of an average working class family’s budget. Construct the cost of living index number:

Construct the cost of living Index number for 2015 on the basis of 2012 from the following data using family budget method.

Calculate the cost of living index by aggregate expenditure method:

Choose the correct alternative:

Another name of consumer’s price index number is:

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Laspeyre’s index = 110, Paasche’s index = 108, then Fisher’s Ideal index is equal to:

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Cost of living at two different cities can be compared with the help of

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Most commonly used index number is:

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Consumer price index are obtained by:

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Which of the following Index number satisfy the time reversal test?

Choose the correct alternative:

While computing a weighted index, the current period quantities are used in the:

Calculate the Laspeyre’s, Paasche’s and Fisher’s price index number for the following data. Interpret on the data.

Using the following data, construct Fisher’s Ideal Index Number and Show that it satisfies Factor Reversal Test and Time Reversal Test?