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Choose the correct alternative : Value Index Number by Simple Aggregate Method is given by - Mathematics and Statistics

MCQ

Choose the correct alternative :

Price Index Number by Weighted Aggregate Method is given by

Options

  • `sum("p"_1"w")/("p"_0"w") xx 100`

  • `sum("p"_0"w")/("p"_1"w") xx 100`

  • `(sum"p"_1"w")/(sum"p"_0"w") xx 100`

  • `(sum"p"_0"w")/(sum"p"_1"w") xx 100`

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Solution

Price Index Number by Weighted Aggregate Method is given by `(sum"p"_1"w")/(sum"p"_0"w") xx 100`.

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APPEARS IN

Balbharati Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board
Chapter 5 Index Numbers
Miscellaneous Exercise 5 | Q 1.04 | Page 89
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