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Find Price Index Number using Simple Agg...

Find Price Index Number using Simple Aggregate method by taking 2005 as base year.

Text Solution

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The correct Answer is:
209.09
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Knowledge Check

  • Fisher’s Price Index Number is

    A
    `sqrt(P_(01)(L)xxP_(01)(P))`
    B
    `P_(01)(L) xxP_(01)(P)`
    C
    `sqrt(P_(01)(L)xxP_(01)(P))xx100`
    D
    `sqrt(P_(01)(L) xxP_(01)(P))`
  • Price Index Number by using Weighted Aggregate Method is given by

    A
    `(sump_1q)/(sump_0q)xx100`
    B
    `sump_1 wxx100`
    C
    `(sump_1w)/(sump_ow)xx100`
    D
    `(sump_0w)/(sump_1w)xx100`
  • Quantity Index Number by Simple Aggregate Method is given by

    A
    `(sum(q_1))/(sum(q_0))xx100`
    B
    `(sum(q_0))/(sum(q_1))xx100`
    C
    `(sum(q_1))/(sum(q_0))xx100`
    D
    `(sum(q_0))/(sum(q_1))xx100`
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    Walsh's Price Index Number is given by