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

Given the following table, find Walsh’s Price Index Number by completing the activity.

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प्रश्न

Given the following table, find Walsh’s Price Index Number by completing the activity.

Commodity p0 q0 p1 q1 q0q1 `sqrt("q"_0"q"_1)` p0`sqrt("q"_0"q"_1)` p1`sqrt("q"_0"q"_1)`
I 20 9 30 4 36 `square` `square` 180
II 10 5 50 5 `square` 5 50 `square`
III 40 8 10 2 16 `square` 160 `square`
IV 30 4 20 1 `square` 2 `square` 40
Total     390 `square`

Walsh’s price Index Number is

P01(W) = `square/(sum"p"_0sqrt("q"_0"q"_1)) xx 100`

= `510/square xx 100`

= `square`

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उत्तर

Commodity p0 q0 p1 q1 q0q1 `sqrt("q"_0"q"_1)` p0`sqrt("q"_0"q"_1)` p1`sqrt("q"_0"q"_1)`
I 20 9 30 4 36 6 120 180
II 10 5 50 5 25 5 50 250
III 40 8 10 2 16 4 160 40
IV 30 4 20 1 4 2 60 40
Total     390 510

Walsh’s price Index Number is

P01(W) = `(sum"p"_1sqrt("q"_0"q"_1))/(sum"p"_0sqrt("q"_0"q"_1)) xx 100`

= `510/390 xx 100`

= 130.77

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Construction of Index Numbers - Weighted Aggregate Method
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पाठ 2.5: Index Numbers - Q.5

संबंधित प्रश्‍न

Calculate Walsh’s Price Index Number.

Commodity Base Year Current Year
Price Quantity Price Quantity
I 10 12 20 9
II 20 4 25 8
III 30 13 40 27
IV 60 29 75 36

If P01(L) = 90 and P01(P) = 40, find P01(D – B) and P01(F).


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


If Laspeyre's Price Index Number is four times Paasche's Price Index Number, then find the relation between Dorbish-Bowley's and Fisher's Price Index Numbers.


If Dorbish-Bowley's and Fisher's Price Index Numbers are 5 and 4, respectively, then find Laspeyre's and Paasche's Price Index Numbers.


Paasche’s Price Index Number is given by ______.


Choose the correct alternative :

Marshall-Edgeworth’s Price Index Number is given by


Fill in the blank :

Paasche’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.


`(sump_0(q_0 + q_1))/(sump_1(q_0 + q_1)) xx 100` is Marshall-Edgeworth’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.


Solve the following problem :

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
A 20 18 30 15
B 25 8 28 5
C 32 5 40 7
D 12 10 18 10

Solve the following problem :

Calculate Dorbish-Bowley’s Price Index Number for the following data.

Commodity Base Year Current Year
  Price
p0
Quantity
q0
Price
p1
Quantity
q1
I 8 30 11 28
II 9 25 12 22
III 10 15 13 11

Find x if Laspeyre’s Price Index Number is same as Paasche’s Price Index Number for the following data

Commodity Base Year Current Year
  Price
p0
Quantity
q0
Price
p1
Quantity
q1
A 3 x 2 5
B 4 6 3 5

Solve the following problem :

Given that Laspeyre’s and Paasche’s Price Index Numbers are 25 and 16 respectively, find Dorbish-Bowley’s and Fisher’s Price Index Number.


Choose the correct alternative:

Price Index Number by using Weighted Aggregate Method is given by


Choose the correct alternative:

Fisher’s Price Index Number is


Fisher's Price Index Number is given by ______.


State whether the following statement is True or False:

Walsh’s Price Index Number is given by `(sum"p"_1sqrt("q"_0"q"_1))/(sum"p"_0sqrt("q"_0"q"_1)) xx 100`


State whether the following statement is True or False:

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


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

Commodity Base Year Current Year
Price Quantity Price Quantity
I 10 12 40 3
II 20 2 25 8
III 30 3 50 27
IV 60 9 90 36

If `sum"p"_0"q"_0` = 150, `sum"p"_0"q"_1` = 250, `sum"p"_1"q"_1` = 375 and P01(L) = 140. Find P01(M-E)


If P01 (L) = 121, P01 (P) = 100, then P01 (F) = ______.


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


Laspeyre’s Price Index Number uses current year’s quantities as weights.


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


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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