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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Given that Laspeyre’s and Dorbish-Bowley’s Price Index Numbers are 160.32 and 164.18 respectively, find Paasche’s Price Index Number.

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प्रश्न

Given that Laspeyre’s and Dorbish-Bowley’s Price Index Numbers are 160.32 and 164.18 respectively, find Paasche’s Price Index Number.

बेरीज
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उत्तर

Given, P01 (L) = 160.32, P01 (D-B) = 164.18

`"P"_01 ("D - B") = ("P"_01("L") + "P"_01("P"))/2`

∴ `164.18 = (160.32 + "P"_01("P"))/2` 

∴ 328.36 = 160.32 + P01 (P)

∴ P01 (P) = 328.36 - 160.32

∴ P01 (P) = 168.04

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Construction of Index Numbers - Weighted Aggregate Method
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 5: Index Numbers - Exercise 5.2 [पृष्ठ ८२]

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संबंधित प्रश्‍न

Given that ∑p0q0 = 220, ∑p0q1 = 380, ∑p1q1 = 350 and Marshall-Edgeworth’s Price Index Number is 150, find Laspeyre’s Price Index Number.


Choose the correct alternative :

The price Index Number by Weighted Aggregate Method is given by ______.


Laspeyre’s Price Index Number is given by ______.


Paasche’s Price Index Number is given by ______.


Choose the correct alternative :

Fisher’s Price Number is given by


Choose the correct alternative :

Marshall-Edgeworth’s Price Index Number is given by


Choose the correct alternative :

Walsh’s Price Index Number is given by


Fill in the blank :

Marshall-Edgeworth’s Price Index Number is given by _______.


Walsh’s Price Index Number is given by _______.


`(sump_1q_0)/(sump_0q_0) xx 100` is Paasche’s Price Index Number.


State whether the following is True or False :

`(1)/(2)[sqrt((sum"p"_1"q"_0)/(sum"p"_0"q"_0)) + sqrt("p"_1"q"_1)/(sqrt("p"_0"q"_1))] xx 100` is Fisher’s Price Index Number.


State whether the following is True or False :

`sqrt(("p"_1"q"_0)/(sum"p"_0"q"_0)) xx sqrt((sum"p"_1"q"_1)/(sum"p"_0"q"_1)) xx 100` is Fisher’s Price Index Number.


Calculate Walsh’s Price Index Number for the following data.

Commodity Base year Current year
  Price
p0
Quantity
q0
Price
p1
Quantity
q1
I 8 30 12 25
II 10 42 20 16

Choose the correct alternative:

Price Index Number by using Weighted Aggregate Method is given by


Fisher's Price Index Number is given by ______.


Marshall-Edgeworth's Price Index Number is given by ______


The average of Laspeyre’s and Paasche’s Price Index Numbers is called ______ Price Index Number


State whether the following statement is True or False:

`[sqrt((sum"p"_1"q"_1)/(sum"p"_0"q"_1)) + (sumsqrt("q"_0"q"_1))/(sum("p"_0 + "p"_1))] xx 100` is Fisher’s Price Index Number.


Calculate Marshall-Edgeworth Price Index Number for following.

Commodity Base Year Current Year
Price Quantity Price Quantity
A 8 20 11 15
B 7 10 12 10
C 3 30 5 25
D 2 50 4 35

Given P01(M-E) = 120, `sum"p"_1"q"_1` = 300, `sum"p"_0"q"_0` = 120, `sum"p"_0"q"_1` = 320, Find P01(L)


Find the missing price if Laspeyre’s and Paasche’s Price Index Numbers are equal for following data.

Commodity Base Year Current Year
Price Quantity Price Quantity
A 1 10 2 5
B 1 12

`sqrt((sump_1q_0)/(sump_0q_0)) xx sqrt((sump_1q_1)/(sump_0q_1)) xx 100`


If ∑ p0q0 = 120, ∑ p0q1 = 160, ∑ p1q1 = 140, ∑ p1qo = 200, find Laspeyre’s, Paasche’s, Dorbish-Bowley’s and Marshall-Edgeworth’s Price Index Numbers.


In the following table, Laspeyre's and Paasche's Price Index Numbers are equal. Complete the following activity to find x :

Commodity Base Year Current year
Price Quantity Price Quantity
A 2 10 2 5
B 2 5 x 2

Solution: P01(L) = P01(P)

`(sum "p"_1"q"_0)/(sum "p"_0"q"_0) xx 100 = square/(sum "p"_0"q"_1) xx 100`

`(20 + 5x)/square xx 100 = square/14 xx 100`

∴ x = `square`


Complete the following activity to calculate, Laspeyre's and Paasche's Price Index Number for the following data :

Commodity Base Year Current Year
Price
p0
Quantity
q0
Price
p1
Quantity
q1
I 8 30 12 25
II 10 42 20 16

Solution:

Commodity Base Year Current Year p1q0 p0q0 p1q1 p0q1
  p0 q0 p1 q1
I 8 30 12 25 360 240 300 200
II 10 42 20 16 840 420 320 160
Total         `bb(sump_1q_0=1200)` `bb(sump_0q_0=660)` `bb(sump_1q_1=620)` `bb(sump_0q_1=360)`

Laspeyre's Price Index Number:

P01(L) = `(sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx 100 = square/660xx100`

∴ P01(L) = `square`

Paasche 's Price Index Number:

P01(P) = `(sum"p"_1"q"_1)/(sum"p"_0"q"_1) xx 100=(620)/(square) xx 100`

∴ P01(P) = `square`


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