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

Solve the following problem : If ∑p_0q0=120,∑p0q1=160,∑p1q1=140,and∑p1q+0 = 200, find Laspeyre’s, Paasche’s Dorbish-Bowley’s and Marshall Edgeworth’s Price Index Number.

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प्रश्न

Solve the following problem :

If `sum"p_"0"q"_0 = 120, sum "p"_0"q"_1 = 160, sum "p"_1"q"_1 = 140, and sum "p"_1"q"+0` = 200, find Laspeyre’s, Paasche’s Dorbish-Bowley’s and Marshall Edgeworth’s Price Index Number.

बेरीज
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उत्तर

Given,
`sum"p"_0"q"_0 = 120, sum"p"_0"q"_1 = 160`,
`sum"p"_1"q"_1 = 140, sum"p"_1"q"_0 = 200`

Laspeyre’s Price Index Number:

P01(L) = `(sum"P"_1"q"_0)/(sum"p"_0"q"_0) xx 100 = (200)/(120) xx 100` = 166.67

Paasche’s Price Index Number:

P01(P) = `(sum"P"_1"q"_1)/(sum"p"_0"q"_1) xx 100 = (140)/(160) xx 100` = 87.5

Dorbish-Bowley’s Price Index Number:

P01(D–B) = `("P"_01("L") + "P"_01("P"))/(2)`

= `(166.67 + 87.5)/(2)`

= `(254.17)/(2)`
= 127.085

Marshall-Edgeworth’s Price Index Number:

P01(M–E) = `(sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx 100`

= `(200 + 140)/(120 + 160) xx 100`

= `(340)/(280) xx 100`
= 121.43

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Construction of Index Numbers - Weighted Aggregate Method
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पाठ 5: Index Numbers - Miscellaneous Exercise 5 [पृष्ठ ९३]

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बालभारती Mathematics and Statistics 2 (Commerce) [English] Standard 12 Maharashtra State Board
पाठ 5 Index Numbers
Miscellaneous Exercise 5 | Q 4.15 | पृष्ठ ९३

संबंधित प्रश्‍न

Calculate Laspeyre’s, Paasche’s, Dorbish-Bowley’s, and MarshallEdgeworth’s Price index numbers.

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

Calculate Walsh’s Price Index Number.

Commodity Base Year Current Year
Price Quantity Price Quantity
L 4 16 3 19
M 6 16 8 14
N 8 28 7 32

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

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 :

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


Laspeyre’s Price Index Number is given by _______.


Fill in the blank :

Dorbish-Bowley’s Price Index Number is given by _______.


Walsh’s Price Index Number is given by _______.


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.


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


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

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

Solve the following problem :

Given that `sum "p"_0"q"_0 = 130, sum "p"_1"q"_1 = 140, sum "p"_0"q"_1 = 160, and sum "p"_1"q"_0 = 200`, find Laspeyre’s, Paasche’s, Dorbish-Bowley’s, and Marshall-Edgeworth’s Price Index Numbers.


Choose the correct alternative:

The formula P01 = `(sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx 100` is for


Choose the correct alternative:

Dorbish–Bowley’s Price Index Number is


Choose the correct alternative:

Walsh's Price Index Number is given by


Fisher's Price Index Number is given by ______.


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


Calculate
a) Laspeyre’s
b) Passche’s
c) Dorbish-Bowley’s Price Index Numbers for following data.

Commodity Base Year Current Year
Price Quantity Price Quantity
A 10 9 50 8
B 20 5 60 4
C 30 7 70 3
D 40 8 80 2

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

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)


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


Calculate Marshall – Edgeworth’s price index number for the following data:

Commodity Base year Current year
Price Quantity Price Quantity
P 12 20 18 24
Q 14 12 21 16
R 8 10 12 18
S 16 15 20 25

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