Home
Class 11
MATHS
Taking 1975 as the year, with an index n...

Taking 1975 as the year, with an index number 100, calculate an index number for 1979, based on weighted average of price relatives derived from the table given below:

The weights are now change if so that the weight for A is 40 and C is 10 and the total weight is 100. If the value of the index no, in 1979 with the changed weight is 182, calculate the weights applied to B and D.

Text Solution

Verified by Experts

The correct Answer is:
`=246`
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

Taking 1975 as the base year with an index number 100, calculate an index number for 1985 based on weighted average of price relatives derived from the table given below:

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.

Compute price index for the following data by applying weighted average of price relative method.

Calculate the weight of : 10 atoms of sodium.

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

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

The price relatives and weights of a set of commodities are given below: If the sum of weights is 40 and the index for the set is 122, find the numerical values of x and y .

Calculate weighted index number for 2001 from the following data:

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:

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: