# Choose the correct alternative : Dorbish-Bowley’s Price Index Number is given by - Mathematics and Statistics

MCQ

Choose the correct alternative :

Dorbish-Bowley’s Price Index Number is given by

#### Options

• ((sum"p"_1"q"_0)/(sum"p"_0"q"_1) + (sum"p"_0"q"_1)/(sum"p"_1"q"_0))/(2) xx 100

• ((sum"p"_1"q"_1)/(sum"p"_0"q"_0) + (sum"p"_0"q"_0)/(sum"p"_1"q"_1))/(2) xx 100

• ((sum"p"_1"q"_0)/(sum"p"_0"q"_0) + (sum"p"_1"q"_1)/(sum"p"_0"q"_1))/(2) xx 100

• ((sum"p"_0"q"_0)/(sum"p"_1"q"_0) + (sum"p"_0"q"_1)/(sum"p"_1"q"_1))/(2) xx 100

#### Solution

Dorbish-Bowley’s Price Index Number is given by ((sum"p"_1"q"_0)/(sum"p"_0"q"_0) + (sum"p"_1"q"_1)/(sum"p"_0"q"_1))/(2) xx 100.

Concept: Construction of Index Numbers - Weighted Aggregate Method
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Chapter 5: Index Numbers - Miscellaneous Exercise 5 [Page 90]

#### APPEARS IN

Balbharati Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board
Chapter 5 Index Numbers
Miscellaneous Exercise 5 | Q 1.09 | Page 90
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