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Chapter 5: Index Numbers
Balbharati solutions for Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board Chapter 5 Index Numbers Exercise 5.1 [Pages 77  78]
Find the Price Index Number using Simple Aggregate Method in the following example.
Use 1995 as base year in the following problem.
Commodity  P  Q  R  S  T 
Price (in ₹) in 1995  15  20  24  22  28 
Price (in ₹) in 2000  27  38  32  40  45 
Find the Price Index Number using Simple Aggregate Method in the following example.
Use 1995 as base year in the following problem.
Commodity  A  B  C  D  E 
Price (in ₹) in 1995  42  30  54  70  120 
Price (in ₹) in 2005  60  55  74  110  140 
Find the Price Index Number using Simple Aggregate Method in the following example.
Commodity  Unit  Base Year Price (in ₹)  Current Year Price (in ₹) 
Wheat  kg  28  36 
Rice  kg  40  56 
Milk  litre  35  45 
Clothing  meter  82  104 
Fuel  litre  58  72 
Find the Price Index Number using the Simple Aggregate Method in the following example.
Use 2000 as base year in the following problem.
Commodity  Price (in ₹) for year 2000 
Price (in ₹) for year 2006 
Watch  900  1475 
Shoes  1760  2300 
Sunglasses  600  1040 
Mobile  4500  8500 
Find the Price Index Number using the Simple Aggregate Method in the following example.
Use 1990 as base year in the following problem.
Commodity  Unit  Price (in ₹) for year 2000 
Price (in ₹) for year 2006 
Butter  kg  27  33 
Cheese  kg  30  36 
Milk  litre  25  29 
Bread  loaf  10  14 
Eggs  doz  24  36 
Ghee  tin  250  320 
Find the Price Index Number using the Simple Aggregate Method in the following example.
Assume 2000 to be base year in the following problem.
Fruit  Unit  Price (in ₹) in 2000 
Price (in ₹) for 2007 
Mango  doz  250  300 
Banana  doz  12  24 
Apple  kg  80  110 
Peach  kg  75  90 
Orange  doz  36  65 
Sweet Lime  doz  30  45 
Find the Price Index Number using the Simple Aggregate Method in the following example.
Use 2005 as base year in the following problem.
Vegetable  Unit  Price (in ₹) in 2005 
Price (in ₹) for 2012 
Ladies Finger  kg  32  38 
Capsicum  kg  30  36 
Brinjal  kg  40  60 
Tomato  kg  40  62 
Potato  kg  16  28 
Find the Quantity Index Number using the Simple Aggregate Method in the following example.
Commodity  I  II  III  IV  V 
Base Year Quantities  140  120  100  200  225 
Current Year Quantities  100  80  70  150  185 
Find the Quantity Index Number using the Simple Aggregate Method in the following example.
Commodity  A  B  C  D  E 
Base Year Quantities  360  280  340  160  260 
Current Year Quantities  440  320  470  210  300 
Find the Value Index Number using Simple Aggregate Method in the following example.
Commodity  Base Year  Current Year  
Price  Quantity  Price  Quantity  
A  30  22  40  18 
B  40  16  60  12 
C  10  38  15  24 
D  50  12  60  16 
E  20  28  25  36 
Find the Value Index Number using Simple Aggregate Method in the following example.
Commodity  Base Year  Current Year  
Price  Quantity  Price  Quantity  
A  50  22  70  14 
B  70  16  90  22 
C  60  18  105  14 
D  120  12  140  15 
E  100  22  155  28 
Find x if the Price Index Number by Simple Aggregate Method is 125.
Commodity  P  Q  R  S  T 
Base Year Price (in ₹)  8  12  16  22  18 
Current Year Price (in ₹) 
12  18  x  28  22 
Find x if the Price Index Number by Simple Aggregate Method is 120, taking 1995 as base year.
Commodity  A  B  C  D 
Price (in ₹) for 1995  95  y  80  35 
Price (in ₹) for 2003  116  74  92  42 
Balbharati solutions for Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board Chapter 5 Index Numbers Exercise 5.2 [Page 82]
Calculate Laspeyre’s, Paasche’s, DorbishBowley’s, and MarshallEdgeworth’s Price index numbers.
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 
Calculate Laspeyre’s, Paasche’s, DorbishBowley’s, and Marshall  Edgeworth’s Price index numbers.
Commodity  Base Year  Current Year  
Price  Quantity  Price  Quantity  
I  10  9  20  8 
II  20  5  30  4 
III  30  7  50  5 
IV  40  8  60  6 
Calculate Walsh’s Price Index Number.
Commodity  Base Year  Current Year  
Price  Quantity  Price  Quantity  
L  4  16  3  19 
M  6  16  8  14 
N  8  28  7  32 
Calculate Walsh’s Price Index Number.
Commodity  Base Year  Current Year  
Price  Quantity  Price  Quantity  
I  10  12  20  9 
II  20  4  25  8 
III  30  13  40  27 
IV  60  29  75  36 
If P_{01}(L) = 90 and P_{01}(P) = 40, find P_{01}(D – B) and P_{01}(F).
If ∑ p_{0}q_{0} = 140, ∑ p_{0}q_{1} = 200, ∑ p_{1}q_{0} = 350, ∑ p_{1}q_{1} = 460, find Laspeyre’s, Paasche’s, DorbishBowley’s and MarshallEdgeworth’s Price Index Numbers.
Given that Laspeyre’s and DorbishBowley’s Price Index Numbers are 160.32 and 164.18 respectively, find Paasche’s Price Index Number.
Given that ∑ p_{0}q_{0} = 220, ∑ p_{0}q_{1} = 380, ∑ p_{1}q_{1} = 350 and MarshallEdgeworth’s Price Index Number is 150, find Laspeyre’s Price Index Number.
Find x in the following table if Laspeyre’s and Paasche’s Price Index Numbers are equal.
Commodity  Base Year  Current year  
Price  Quantity  Price  Quantity  
A  2  10  2  5 
B  2  5  x  2 
If Laspeyre's Price Index Number is four times Paasche's Price Index Number, then find the relation between DorbishBowley's and Fisher's Price Index Numbers.
If DorbishBowley's and Fisher's Price Index Numbers are 5 and 4, respectively, then find Laspeyre's and Paasche's Price Index Numbers.
Balbharati solutions for Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board Chapter 5 Index Numbers Exercise 5.3 [Page 87]
Calculate the cost of living index in problem
Group  Base Year  Current Year  
Price  Quantity  Price  
Food  120  15  170 
Clothing  150  20  190 
Fuel & Lighting  130  30  220 
House Rent  160  10  180 
Miscellaneous  200  12  200 
Calculate the cost of living index in problem
Group  Base Year  Current Year  
Price  Quantity  Price  
Food  40  15  45 
Clothing  30  10  35 
Fuel & Lighting  20  17  25 
House Rent  60  22  70 
Miscellaneous  70  25  80 
Calculate the cost of living index in problem
Group  Base Year  Current Year  
Price  Quantity  Price  
Food  132  10  170 
Clothing  154  12  160 
Fuel & Lighting  164  20  180 
House Rent  175  18  195 
Miscellaneous  128  5  120 
Base year weights (W) and current year price relatives (I) are given in Problem. Calculate the cost of living index in:
Group  Food  Clothing  Fuel & Lighting  House Rent  Miscellaneous 
I  70  90  100  60  80 
W  5  3  2  4  6 
Base year weights (W) and current year price relatives (I) are given in Problem. Calculate the cost of living index in:
Group  Food  Clothing  Fuel & Lighting  House Rent  Miscellaneous 
I  400  300  150  120  100 
W  3  3  4  5  2 
Base year weights (W) and current year price relatives (I) are given in Problem. Calculate the cost of living index in:
Group  Food  Clothing  Fuel & Lighting  House Rent  Miscellaneous 
I  200  150  120  180  160 
W  30  20  10  40  50 
Base year weights (W) and current year price relatives (I) are given in Problem. Calculate the cost of living index in:
Find x if the cost of living index is 150.
Group  Food  Clothing  Fuel & Lighting  House Rent  Miscellaneous 
I  180  120  300  100  160 
W  4  5  6  x  3 
Base year weights (W) and current year price relatives (I) are given in Problem. Calculate the cost of living index in:
Find y if the cost of living index is 200.
Group  Food  Clothing  Fuel & Lighting  House Rent  Miscellaneous 
I  180  120  160  300  200 
W  4  5  3  y  2 
The Cost of Living Index Number for years 1995 and 1999 are 140 and 200 respectively. A person earns ₹ 11,200 per month in the year 1995. What should be his monthly earnings in the year 1999 in order to maintain his standard of living as in the year 1995?
Balbharati solutions for Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board Chapter 5 Index Numbers Miscellaneous Exercise 5 [Pages 89  94]
Choose the correct alternative :
Price Index Number by Simple Aggregate Method is given by
`sum "p"_1/"p"_0 xx 100`
`sum "p"_0/"p"_1 xx 100`
`(sum "p"_1)/(sum"p"_0) xx 100`
`(sum "p"_0)/(sum"p"_1) xx 100`
Choose the correct alternative :
Quantity Index Number by Simple Aggregate Method is given by
`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`
Choose the correct alternative :
Value Index Number by Simple Aggregate Method is given by
`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`
Choose the correct alternative :
Price Index Number by Weighted Aggregate Method is given by
`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`
Choose the correct alternative :
Quantity Index Number by Weighted Aggregate Method is given by
`sum("q"_1"w")/("q"_0"w") xx 100`
`sum("q"_0"w")/("q"_1"w") xx 100`
`(sum"q"_1"w")/(sum"q"_0"w") xx 100`
`(sum"q"_0"w")/(sum"q"_1"w") xx 100`
Choose the correct alternative :
Value Index Number by Weighted Aggregate Method is given by
`sum("p"_1"q"_0"w")/("p"_0"q"_0"w") xx 100`
`sum("p"_0"q"_1"w")/("p"_0"q"_0"w") xx 100`
`(sum"p"_1"q"_1"w")/(sum"p"_0"q"_1"w") xx 100`
`(sum"p"_1"q"_1"w")/(sum"p"_0"q"_0"w") xx 100`
Choose the correct alternative :
Laspeyre’s Price Index Number is given by
`(sum"p"_0"q"_0)/(sum"p"_1"q"_0) xx 100`
`(sum"p"_0"q"_1)/(sum"p"_1"q"_1) xx 100`
`(sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx 100`
`(sum"p"_1"q"_1)/(sum"p"_0"q"_1) xx 100`
Choose the correct alternative :
Paasche’s Price Index Number is given by
`(sum"p"_0"q"_0)/(sum"p"_1"q"_0) xx 100`
`(sum"p"_0"q"_1)/(sum"p"_1"q"_1) xx 100`
`(sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx 100`
`(sum"p"_1"q"_1)/(sum"p"_0"q"_1) xx 100`
Choose the correct alternative :
DorbishBowley’s Price Index Number is given by
`((sum"p"_1"q"_0)/(sum"p"_0"q"_1) + (sum"p"_0"q"_1)/(sum"p"_1"q"_0))/(2) xx 100`
`((sum"p"_1"q"_1)/(sum"p"_0"q"_0) + (sum"p"_0"q"_0)/(sum"p"_1"q"_1))/(2) xx 100`
`((sum"p"_1"q"_0)/(sum"p"_0"q"_0) + (sum"p"_1"q"_1)/(sum"p"_0"q"_1))/(2) xx 100`
`((sum"p"_0"q"_0)/(sum"p"_1"q"_0) + (sum"p"_0"q"_1)/(sum"p"_1"q"_1))/(2) xx 100`
Choose the correct alternative :
Fisher’s Price Number is given by
`sqrt((sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx (sum"p"_1"q"_1)/(sum"p"_0"q"_1)) xx 100`
`sqrt((sum"p"_0"q"_0)/(sum"p"_1"q"_0) xx (sum"p"_0"q"_1)/(sum"p"_1"q"_1)) xx 100`
`sqrt((sum"p"_0"q"_1)/(sum"p"_0"q"_0) xx (sum"p"_1"q"_1)/(sum"p"_1"q"_0)) xx 100`
`sqrt((sum"p"_1"q"_0)/(sum"p"_1"q"_1) xx (sum"p"_0"q"_0)/(sum"p"_0"q"_1)) xx 100`
Choose the correct alternative :
MarshallEdgeworth’s Price Index Number is given by
`(sum"p"_1("q"_0 + "q"_1))/(sum"p"_0("q"_0 + "q"_1)) xx 100`
`(sum"p"_0("q"_0 + "q"_1))/(sum"p"_1("q"_0 + "q"_1)) xx 100`
`(sum"q"_1("p"_0 + "p"_1))/(sum"q"_1("p"_0 + "p"_1)) xx 100`
`(sum"q"_0("p"_0 + "p"_1))/(sum"q"_1("p"_0 + "p"_1)) xx 100`
Choose the correct alternative :
Walsh’s Price Index Number is given by
`(sum"p"_1sqrt("q"_0"q"_1))/(sum"p"_0sqrt("q"_0"q"_1)) xx 100`
`(sum"p"_0sqrt("q"_0"q"_1))/(sum"p"_1sqrt("q"_0"q"_1)) xx 100`
`(sum"q"_1sqrt("p"_0"p"_1))/(sum"q"_0sqrt("p"_0"p"_1)) xx 100`
`(sum"q"_0sqrt("p"_0"p"_1))/(sum"q"_1sqrt("p"_0"p"_1)) xx 100`
Choose the correct alternative :
The cost of Living Index Number using Aggregate Expenditure Method is given by
`(sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx 100`
`sum("p"_1"q"_1)/("p"_0"q"_1) xx 100`
`(sum"p"_1"q"_1)/(sum"p"_0"q"_1) xx 100`
`sum("p"_1"q"_0)/("p"_0"q"_0) xx 100`
Choose the correct alternative :
The Cost of Living Index Number using Weighted Relative Method is given by
`(sum"IW")/(sum"W")`
`sum"W"/"IW"`
`(sum"W")/(sum"IW")`
`sum"IW"/"W"`
Fill in the blank :
Price Index Number by Simple Aggregate Method is given by _______.
Fill in the blank :
Quantity Index Number by Simple Aggregate Method is given by _______.
Fill in the blank :
Value Index Number by Simple Aggregate Method is given by _______.
Fill in the blank :
Price Index Number by Weighted Aggregate Method is given by _______.
Fill in the blank :
Quantity Index Number by Weighted Aggregate Method is given by _______.
Fill in the blank :
Value Index Number by Weighted Aggregate Method is given by _______.
Fill in the blank :
Laspeyre’s Price Index Number is given by _______.
Fill in the blank :
Paasche’s Price Index Number is given by _______.
Fill in the blank :
DorbishBowley’s Price Index Number is given by _______.
Fill in the blank :
Fisher’s Price Index Number is given by _______.
Fill in the blank :
MarshallEdgeworth’s Price Index Number is given by _______.
Fill in the blank :
Walsh’s Price Index Number is given by _______.
State whether the following is True or False :
`(sum"p"_1)/(sum"p"_0) xx 100` is the price Index Number by Simple Aggregate Method.
True
False
State whether the following is True or False :
`(sum"q"_0)/(sum"q"_1) xx 100` is the Quantity Index Number by Simple Aggregate Method.
True
False
State whether the following is True or False :
`sum ("p"_0"q"_0)/("p"_1"q"_1)` is Value Index Number by Simple Aggregate Method.
True
False
State whether the following is True or False :
`sum ("p"_1"q"_0)/("p"_0"q"_0) xx 100` is Paasche’s Price Index Number.
True
False
State whether the following is True or False :
`sum("p"_1"q"_1)/("p"_0"q"_1)` is Laspeyre’s Price Index Number.
True
False
State whether the following is True or False :
`(sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx (sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx 100` is DorbishBowley’s Price Index Number.
True
False
State whether the following is True or False :
`(1)/(2)[sqrt((sum"p"_1"q"_0)/(sum"p"_0"q"_0)) + sqrt("p"_1"q"_1)/(sqrt("p"_0"q"_1))] xx 100` is Fisher’s Price Index Number.
True
False
State whether the following is True or False :
`(sum"p"_0("q"_0 + "q"_1))/(sum"p"_1("q"_0 + "q"_1)) xx 100` is MarshallEdgeworth’s Price Index Number.
True
False
State whether the following is True or False :
`(sum"p"_0sqrt("q"_0"q"_1))/(sum"p"_1sqrt("q"_0"q"_1)) xx 100` is Walsh’s Price Index Number.
True
False
State whether the following is True or False :
`sqrt(("p"_1"q"_0)/(sum"p"_0"q"_0)) xx sqrt((sum"p"_1"q"_1)/(sum"p"_0"q"_1)) xx 100` is Fisher’s Price Index Number.
True
False
Solve the following problem :
Find the Price Index Number using Simple Aggregate Method. Consider 1980 as base year.
Commodity  Price in 1980 (in ₹)  Price in 1985 (in ₹) 
I  22  46 
II  38  36 
III  20  28 
IV  18  44 
V  12  16 
Solve the following problem :
Find the Quantity Index Number using Simple Aggregate Method.
Commodity  Base year quantity  Current year quantity 
A  100  130 
B  170  200 
C  210  250 
D  90  110 
E  50  150 
Solve the following problem :
Find the Value Index Number using Simple Aggregate Method.
Commodity  Base Year  Current Year  
Price  Quantity  Price  Quantity  
I  20  42  22  45 
II  35  60  40  58 
III  50  22  55  24 
IV  60  56  70  62 
V  25  40  30  41 
Solve the following problem :
Find x if the Price Index Number using Simple Aggregate Method is 200.
Commodity  P  Q  R  S  T 
Base Year Price  20  12  22  23  13 
Current Year Price  30  x  38  51  19 
Solve the following problem :
Calculate Laspeyre’s and Paasche’s Price Index Number for the following data.
Commodity  Base year  Current year  
Price p_{0} 
Quantity q_{0} 
price p_{1} 
Quantity q_{1} 

A  20  18  30  15 
B  25  8  28  5 
C  32  5  40  7 
D  12  10  18  10 
Solve the following problem :
Calculate DorbishBowley’s Price Index Number for the following data.
Commodity  Base Year  Current Year  
Price p_{0} 
Quantity q_{0} 
Price p_{1} 
Quantity q_{1} 

I  8  30  11  28 
II  9  25  12  22 
III  10  15  13  11 
Solve the following problem :
Calculate MarshallEdgeworth’s Price Index Number for the following data.
Commodity  Base Year  Current Year  
Price p_{0} 
Quantity q_{0} 
Price p_{1} 
Quantity q_{1} 

X  12  35  15  25 
Y  29  50  30  70 
Solve the following problem :
Calculate Walsh’s Price Index Number for the following data.
Commodity  Base year  Current year  
Price p_{0} 
Quantity q_{0} 
Price p_{1} 
Quantity q_{1} 

I  8  30  12  25 
II  10  42  20  16 
Solve the following problem :
Calculate Laspeyre’s and Paasche’s Price Index Number for the following data.
Commodity  Base Year  Current Year  
Price P_{0} 
Quantity q_{0} 
Price p_{1} 
Quantity q_{1} 

I  8  30  12  25 
II  10  42  20  16 
Solve the following problem :
Find x if Laspeyre’s Price Index Number is same as Paasche’s Price Index Number for the following data
Commodity  Base Year  Current Year  
Price p_{0} 
Quantity q_{0} 
Price p_{1} 
Quantity q_{1} 

A  3  x  2  5 
B  4  6  3  5 
Solve the following problem :
Find x if Walsh’s Price Index Number is 150 for the following data.
Commodity  Base Year  Current Year  
Price p_{0} 
Quantity q_{0} 
Price p_{1} 
Quantity q_{1} 

A  5  3  10  3 
B  x  4  16  9 
C  15  5  23  5 
D  10  2  26  8 
Solve the following problem :
Find x if Paasche’s Price Index Number is 140 for the following data.
Commodity  Base Year  Current Year  
Price p_{0} 
Quantity q_{0} 
Price p_{1} 
Quantity q_{1} 

A  20  8  40  7 
B  50  10  60  10 
C  40  15  60  x 
D  12  15  15  15 
Solve the following problem :
Given that Laspeyre’s and Paasche’s Price Index Numbers are 25 and 16 respectively, find DorbishBowley’s and Fisher’s Price Index Number.
Solve the following problem :
If Laspeyre’s and Dorbish’s Price Index Numbers are 150.2 and 152.8 respectively, find Paasche’s Price Index Number.
Solve the following problem :
If `sum"p_"0"q"_0 = 120, sum "p"_0"q"_1 = 160, sum "p"_1"q"_1 = 140, and sum "p"_1"q"+0` = 200, find Laspeyre’s, Paasche’s DorbishBowley’s and Marshall Edgeworth’s Price Index Number.
Solve the following problem :
Given that `sum "p"_0"q"_0 = 130, sum "p"_1"q"_1 = 140, sum "p"_0"q"_1 = 160, and sum "p"_1"q"_0 = 200`, find Laspeyre’s, Paasche’s, DorbishBowley’s, and MarshallEdgeworth’s Price Index Numbers.
Solve the following problem :
Given that `sum "p"_1"q"_1 = 300, sum "p"_0"q"_1 = 320, sum "p"_0"q"_0` = 120, and Marshall Edgeworth’s Price Index Number is 120, find `sum"p"_1"q"_0` and Paasche’s Price Index Number.
Solve the following problem :
Calculate the cost of living number for the following data.
Group  Base Year  Current Year  
Price p_{0} 
Quantity q_{0} 
Price p_{1} 

Food  150  13  160 
Clothing  170  18  150 
Fuel and Lighting  175  10  190 
House Rent  200  12  210 
Miscellaneous  210  15  260 
Solve the following problem :
Find the cost living index number by the Weighted Aggregate Method.
Group  Food  Clothing  Fuel & Lighting  House Rent  Miscellaneous 
I  78  80  110  60  90 
W  5  3  4  2  6 
Solve the following problem :
Find the cost of living index number by Family Budget Method for the following data. Also, find the expenditure of a person in the year 2008 if his expenditure in the year 2005 was ₹ 10,000.
Group  Base Year (2005) Price 
Current Year (2008) Price 
Weight 
Food  12  60  25 
Clothing  10  45  20 
Fuel and Lighting  20  35  15 
House Rent  25  20  30 
Miscellaneous  16  48  10 
Solve the following problem :
Find x if the cost of living index number is 193 for the following data.
Group  Food  Clothing  Fuel & Lighting  House Rent  Miscellaneous 
I  221  198  171  183  161 
W  35  14  x  8  20 
Solve the following problem :
The cost of living index number for year 2000 and 2003 are 150 and 210 respectively. A person earns ₹ 13,500 per month in the year 2000. What should be his monthly earning in the year 2003 in order to maintain the same standard of living?
Chapter 5: Index Numbers
Balbharati solutions for Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board chapter 5  Index Numbers
Balbharati solutions for Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board chapter 5 (Index Numbers) include all questions with solution and detail explanation. This will clear students doubts about any question and improve application skills while preparing for board exams. The detailed, stepbystep solutions will help you understand the concepts better and clear your confusions, if any. Shaalaa.com has the Maharashtra State Board Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board solutions in a manner that help students grasp basic concepts better and faster.
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Concepts covered in Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board chapter 5 Index Numbers are Index Numbers, Types of Index Numbers, Index Numbers  Terminology and Notation, Construction of Index Numbers, Simple Aggregate Method, Weighted Aggregate Method, Cost of Living Index Number, Method of Constructing Cost of Living Index Numbers  Aggregative Expenditure Method, Method of Constructing Cost of Living Index Numbers  Family Budget Method, Uses of Cost of Living Index Number.
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