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Construct an index number for the year 2...

Construct an index number for the year 2018, taking 2004 as base year by any method you deem ideal:

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The correct Answer is:
Fisher's Method = 83.59
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In 2004 wheat was selling at an average price Rs. 120 per 20 kg, cloth Rs. 20 per metre, house rent Rs. 300 per house and other items Rs. 100 per unit. By 2018 cost of wheat rose by Rs. 180 per 20 kg, house rent by Rs. 450 and other items doubled in price. Using relative prices, index number for the year 2018 with 2004 as base year was 160. By how much the cloth rose in price during the period?

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The cost of living index in the year 2006, taking 2004 as the base year, on certain commodities is 162.75. If the total expenditure in 2004 was Rs. 12,500, then find the total cost for the same commodities in the year 2006.

On certain consumable commodities, the total expenditure of a family was found to be Rs. 28,000 in the year 1994. If the cost of living index for the year 2000, taking 1994 as the base year, is 265, then the expenditure of the family, on the same quantities of consumable commodities, in the year 2000 is ____.

Construct index numbers of the following data by Fisher's Method:

In the year 1980, the total expenditure of a family was Rs. 8400. The cost of living index for the year 1980, by taking 1940 as the base year, was 240. Then the expenditure of the family in the year 1940 was _____.

The total expenditure of a school on certaion consumable items was found to be Rs. 50650 in the year 1972. If the cost of living index for the year 1975, taking 1972 as the base year is 162.8, then the expenditure of the school in 1975 is

Calculate the cost of living indext for the year 2008 taking 2000 as the base year from the following information.

TARUN JAIN & VK OHRI-INDEX NUMBERS-Essential Practicals
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  5. Construct an index number for the year 2018, taking 2004 as base year ...

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  6. Given the following data and taking 2004 as the base year, construct i...

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  7. Construct a weighted index number of the following data using Price Re...

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  8. Find out the index number of the followng data with Laspeyre's Method...

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  9. Construct index number of the following data with Laspeyre's and Paasc...

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  10. Construct index numbers of the following data by Fisher's Method:

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  11. Construct Cost of Living index on the basis of the following data: {...

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  12. Construct Consumer Price Index Number with the help of the following d...

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  13. From the following data find Consumer Price Index or Cost of Living I...

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  14. Construct Cost of Living Index Number for the year 2018 from the follo...

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  15. Find the Consumer Price Index from the following data. Using (i) Ag...

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  16. Construct index number of industrial production in the year 2018 from ...

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  17. Construct index number of industrial production from the following dat...

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  18. Construct index number of industrial production from the following dat...

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