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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`

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#### 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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