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प्रश्न
Find the Price Index Number using Simple Aggregate Method in the following example.
Use 1995 as base year in the following problem.
| Commodity | P | Q | R | S | T |
| Price (in ₹) in 1995 | 15 | 20 | 24 | 23 | 28 |
| Price (in ₹) in 2000 | 27 | 38 | 32 | 40 | 45 |
बेरीज
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उत्तर
| Commodity | Price in 1995 (Base year) p0 |
Price in 2000 (Current year)p1 |
| P | 15 | 27 |
| Q | 20 | 38 |
| R | 24 | 32 |
| S | 23 | 40 |
| T | 28 | 45 |
| Total | 110 | 182 |
From the table, ∑ p0 = 110, ∑ p1 = 182
Price Index Number (P01) = `(sum "p"_1)/(sum "p"_0) xx 100`
`= 182/110 xx 100`
= 165.45
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