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HSC Commerce: Marketing and Salesmanship 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions for Mathematics and Statistics

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Mathematics and Statistics
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The average of Laspeyre’s and Paasche’s Price Index Numbers is called ______ Price Index Number

[13] Index Numbers
Chapter: [13] Index Numbers
Concept: undefined >> undefined

State whether the following statement is True or False:

Walsh’s Price Index Number is given by `(sum"p"_1sqrt("q"_0"q"_1))/(sum"p"_0sqrt("q"_0"q"_1)) xx 100`

[13] Index Numbers
Chapter: [13] Index Numbers
Concept: undefined >> undefined

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State whether the following statement is True or False:

`(sum"p"_1"q"_1)/(sum"p"_0"q"_1) xx 100` is Paasche’s Price Index Number

[13] Index Numbers
Chapter: [13] Index Numbers
Concept: undefined >> undefined

State whether the following statement is True or False:

`(sum"p"_0sqrt("q"_0 + "q"_1))/(sum"p"_1sqrt("q"_0 + "q"_1)) xx 100` is Marshall-Edgeworth Price Index Number

[13] Index Numbers
Chapter: [13] Index Numbers
Concept: undefined >> undefined

State whether the following statement is True or False:

`[sqrt((sum"p"_1"q"_1)/(sum"p"_0"q"_1)) + (sumsqrt("q"_0"q"_1))/(sum("p"_0 + "p"_1))] xx 100` is Fisher’s Price Index Number.

[13] Index Numbers
Chapter: [13] Index Numbers
Concept: undefined >> undefined

Calculate
a) Laspeyre’s
b) Passche’s
c) Dorbish-Bowley’s Price Index Numbers for following data.

Commodity Base Year Current Year
Price Quantity Price Quantity
A 10 9 50 8
B 20 5 60 4
C 30 7 70 3
D 40 8 80 2
[13] Index Numbers
Chapter: [13] Index Numbers
Concept: undefined >> undefined

Calculate Marshall-Edgeworth Price Index Number for following.

Commodity Base Year Current Year
Price Quantity Price Quantity
A 8 20 11 15
B 7 10 12 10
C 3 30 5 25
D 2 50 4 35
[13] Index Numbers
Chapter: [13] Index Numbers
Concept: undefined >> undefined

Calculate Walsh’s price Index Number for the following data.

Commodity Base Year Current Year
Price Quantity Price Quantity
I 10 12 40 3
II 20 2 25 8
III 30 3 50 27
IV 60 9 90 36
[13] Index Numbers
Chapter: [13] Index Numbers
Concept: undefined >> undefined

If P01(L) = 40 and P01(P) = 90, find P01(D-B) and P01(F).

[13] Index Numbers
Chapter: [13] Index Numbers
Concept: undefined >> undefined

If Laspeyre’s and Paasche’s Price Index Numbers are 50 and 72 respectively, find Dorbish-Bowley’s and Fisher’s Price Index Numbers

[13] Index Numbers
Chapter: [13] Index Numbers
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Given P01(M-E) = 120, `sum"p"_1"q"_1` = 300, `sum"p"_0"q"_0` = 120, `sum"p"_0"q"_1` = 320, Find P01(L)

[13] Index Numbers
Chapter: [13] Index Numbers
Concept: undefined >> undefined

Find the missing price if Laspeyre’s and Paasche’s Price Index Numbers are equal for following data.

Commodity Base Year Current Year
Price Quantity Price Quantity
A 1 10 2 5
B 1 12
[13] Index Numbers
Chapter: [13] Index Numbers
Concept: undefined >> undefined

If `sum"p"_0"q"_0` = 150, `sum"p"_0"q"_1` = 250, `sum"p"_1"q"_1` = 375 and P01(L) = 140. Find P01(M-E)

[13] Index Numbers
Chapter: [13] Index Numbers
Concept: undefined >> undefined

Given the following table, find Walsh’s Price Index Number by completing the activity.

Commodity p0 q0 p1 q1 q0q1 `sqrt("q"_0"q"_1)` p0`sqrt("q"_0"q"_1)` p1`sqrt("q"_0"q"_1)`
I 20 9 30 4 36 `square` `square` 180
II 10 5 50 5 `square` 5 50 `square`
III 40 8 10 2 16 `square` 160 `square`
IV 30 4 20 1 `square` 2 `square` 40
Total     390 `square`

Walsh’s price Index Number is

P01(W) = `square/(sum"p"_0sqrt("q"_0"q"_1)) xx 100`

= `510/square xx 100`

= `square`

[13] Index Numbers
Chapter: [13] Index Numbers
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Choose the correct alternative:

The constraint that in a college there are more scholarship holders in FYJC class (X) than in SYJC class (Y) is given by

[14] Linear Programming
Chapter: [14] Linear Programming
Concept: undefined >> undefined

Choose the correct alternative:

How does a constraint, “A washing machine can hold up to 8 kilograms of cloths (X)” can be given?

[14] Linear Programming
Chapter: [14] Linear Programming
Concept: undefined >> undefined

State whether the following statement is True or False:

The half-plane represented by 3x + 4y ≥ 12 includes the point (4, 3)

[14] Linear Programming
Chapter: [14] Linear Programming
Concept: undefined >> undefined

Tyco Cycles Ltd manufactures bicycles (x) and tricycles (y). The profit earned from the sales of each bicycle and a tricycle are ₹ 400 and ₹ 200 respectively, then the total profit earned by the manufacturer will be given as ______

[14] Linear Programming
Chapter: [14] Linear Programming
Concept: undefined >> undefined

By spending almost ₹ 250, Rakhi bought some kg grapes (x) and some dozens of bananas (y), then as a constraint this information can be expressed by ______

[14] Linear Programming
Chapter: [14] Linear Programming
Concept: undefined >> undefined

A doctor prescribed 2 types of vitamin tablets, T1 and T2 for Mr. Dhawan. The tablet T1 contains 400 units of vitamin and T2 contains 250 units of vitamin. If his requirement of vitamin is at least 4000 units, then the inequation for his requirement will be ______

[14] Linear Programming
Chapter: [14] Linear Programming
Concept: undefined >> undefined
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