
The index number for to the base is and for to the base is . The given indices satisfy

Important Questions on Index Numbers



Calculate Fisher’s ideal index method for the following data.(Answer up to two decimal values)
Commodity | ||||
Price | Quantity | Price | Quantity | |
A | ||||
B | ||||
C | ||||
D |

Calculate Paasche’s price index for the following data by taking as a base year.(Answer up to two decimal values)
Commodity | ||||
Price | Quantity | Price | Quantity | |
A | ||||
B | ||||
C | ||||
D |

Calculate Paasche’s price index form the following data , , and .



Calculate Fisher’s ideal index method for the following data, taking as base year(Answer up to two decimal values)
Commodity | ||||
Price | Quantity | Price | Quantity | |
A | ||||
B | ||||
C | ||||
D |


Compute price index taking as base year for the following data by applying weighted average of price relative method using geometric mean.(Answer up to one decimal value)
Item | Price Rs in | Price Rs in | quantity |
A | |||
B | |||
C |

Compute price index taking as base year for the following data by applying weighted average of price relative method using arithmetic mean.(Answer up to two decimal values)
Item | Price Rs in | Price Rs in | quantity |
A | |||
B | |||
C |

Calculate Laspeyre’s price index from the following data , , and .

Calculate Laspeyre’s price index for the following data by taking as a base year.(Answer up to two decimal values)
Commodity | ||||
Price | Quantity | Price | Quantity | |
A | ||||
B | ||||
C | ||||
D |


Calculate Laspeyre’s price index from the following data , , and .



Calculate Paasche’s price index form the following data , , and .

Compute price index taking as base year for the following data by applying weighted average of price relative method using arithmetic mean.(Answer up to two decimal values)
Item | Price Rs in | Price Rs in | quantity |
A | |||
B | |||
C |

