Question

Choose the correct alternative :

Value Index Number by Simple Aggregate Method is given by

Options

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

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

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

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

Answer 1

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