Home
Class 12
MATHS
Calculate the Cost of Living Index by Fa...

Calculate the Cost of Living Index by Family Budget method in following example where W are wages of base year and I are current year price relatives.

Text Solution

Verified by Experts

The correct Answer is:
150
Promotional Banner

Topper's Solved these Questions

  • QUESTION BANK 2021

    NAVNEET PUBLICATION - MAHARASHTRA BOARD|Exercise Part II 5. INDEX NUMBERS (V Activity)|1 Videos
  • QUESTION BANK 2021

    NAVNEET PUBLICATION - MAHARASHTRA BOARD|Exercise Part II LINEAR PROGRAMMING PROBLEMS (1. Select the most appropriate option for each of the following. )|12 Videos
  • QUESTION BANK 2021

    NAVNEET PUBLICATION - MAHARASHTRA BOARD|Exercise Part II 5. INDEX NUMBERS (III) State whether each of the following is True or False.)|9 Videos
  • PROBABILITY DISTRIBUTION

    NAVNEET PUBLICATION - MAHARASHTRA BOARD|Exercise MULTIPLE CHOICE QUESTIONS|9 Videos
  • THREE DIMENSIONAL GEOMETRY

    NAVNEET PUBLICATION - MAHARASHTRA BOARD|Exercise MULTIPLE CHOICE QUESTIONS|8 Videos

Similar Questions

Explore conceptually related problems

Calculate the Cost of Living Index from the following data:

Calculate the Cost of Living Index Number for the following data.

Construct Cost of Living Index for 2018 based on 2004 from the following data:

Find the missing wage if the Cost of Living Index for the following data is 150.

If the total expenditures in the base year and current year are equal, then its index number is ___.

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

The value of the nominal GNP of an economy was Rs. 2500 crores in a particular year. The value of GNP of that country during the same year, evaluated at the prices of some base year, was Rs. 3000 crores. Calculate the value of the GNP deflator of the year in percentage terms. Has the price level risen between the base year and the year under consideration ?

NAVNEET PUBLICATION - MAHARASHTRA BOARD-QUESTION BANK 2021-Part II 5. INDEX NUMBERS (IV) Solve the following problems.)
  1. Find Quantity Index Number using Simple Aggregate method.

    Text Solution

    |

  2. Calculate Value Index Number for the following using Simple Aggregate ...

    Text Solution

    |

  3. Calculate Quantity Index Number using Simple Aggregate method

    Text Solution

    |

  4. Find Price Index Number using Simple Aggregate method by taking 2000 a...

    Text Solution

    |

  5. Find x if the Price Index Number by Simple Aggregate Method is 125.

    Text Solution

    |

  6. Find values x and y if the Price Index Number by Simple Aggregate Meth...

    Text Solution

    |

  7. Find x from following data if the Value Index Number is 200

    Text Solution

    |

  8. Calculate a) Laspeyre’s, b) Paasche’s, and c) Dorbish- Bowley’s Price ...

    Text Solution

    |

  9. Calculate Marshall-Edgeworth Price Index Number for following.

    Text Solution

    |

  10. Calculate Walsh’s price Index Number for the following data.

    Text Solution

    |

  11. If P(01)(L) = 40 and P(01)(P) = 90, find P(01)(D-B) and P(01)(F).

    Text Solution

    |

  12. If Laspeyre’s and Paasche’s Price Index Numbers are 50 & 72 respective...

    Text Solution

    |

  13. Given P(01)(M -E) =120, sum p1q1=300 ,sump0q0= 120 sum p0q1 = 320 Fin...

    Text Solution

    |

  14. Find the missing price if Laspeyre’s and Paasche’s Price Index Numbers...

    Text Solution

    |

  15. If sump0q0=150 , sump0q1 =250 , sump1q1 =375 and p(01)(L) = 140 find...

    Text Solution

    |

  16. Calculate the Cost of Living Index Number for the following data.

    Text Solution

    |

  17. Calculate the Cost of Living Index by Family Budget method in followin...

    Text Solution

    |

  18. Find the missing wage if the Cost of Living Index for the following da...

    Text Solution

    |

  19. The Cost of Living Index Numbers for years 2003 and 2008 are 150 and 2...

    Text Solution

    |

  20. Given the following table, find the Cost of living Index Number using ...

    Text Solution

    |