Home
Class 11
MATHS
The quotations for four different commod...

The quotations for four different commodities for the years 2000 and 2005 are given below. Calculate the index number for 2005, with 2000 as the base year, by using the weighted average of price relatives method.

Text Solution

Verified by Experts

The correct Answer is:
`=164.05`.
Promotional Banner

Topper's Solved these Questions

  • INDEX NUMBERS

    ICSE|Exercise EXERCISE 30 (a)|16 Videos

  • INDEX NUMBERS

    ICSE|Exercise EXERCISE 30 (b)|20 Videos

  • HYPERBOLA

    ICSE|Exercise CHEPTER TEST |9 Videos

  • INDEX NUMBERS AND MOVING AVERAGES

    ICSE|Exercise MULTIPLE CHOICE QUESTIONS |10 Videos

Similar Questions

Explore conceptually related problems

The price quotations of four different commodities for 2001 and 2009 are as given below, Calculate the index number for 2009 with 2001 as the base year by using weighted average of price relative method.

Calculate the index number for the year 2006 with 1996 as the base year by the weighted average of price relatives method from the following data.

Calculate the index number for year 2019 with 2015 as base year by weighted aggregate method.

Calculate the index number for the year 2005 with 2000 as the base year by weighted aggregate method from the following data:

Construct the index numbers for 2014 taking 2010 as the base year from the following data by simple average of price relative method:

Calculate the index number for the year 1979 with 1970 as base from the following data using weighted average of price relatives.

Construct the index number for 1991 taking 1990 as the base year from the following data by simple average of price relative method.

Find the consumer price index number for the year 2010 as the base year 2000 by using method of weighted aggregates.

Find the consumer price index for 2007 on the basis of 2005 from the following data using weighted average of price relative method:

Construct the consumer price index number for 1990, taking 1989 as the base year and using simple average of price relative method for the following data: