Question

Choose the correct alternative :

Quantity Index Number by Simple Aggregate Method is given by

Options

• `sum "q"_1/"q"_0 xx 100`

• `sum "q"_0/"q"_1 xx 100`

• `(sum "q"_1)/(sum"q"_0) xx 100`

• `(sum "q"_1)/(sum"q"_0) xx 100`

Answer 1

Quantity Index Number by Simple Aggregate Method is given by `(sum "q"_1)/(sum"q"_0) xx 100`.