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`.
Concept: Types of Index Numbers
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