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Question Bank [2022] — Maths (commerce) STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsMaths (commerce)Question Bank [2022]4 Marks
Question
Calculate Quantity Index Number using Simple Aggregate method
Commodity I II III IV V
Base year Quantity 140 120 100 200 225
Current year Quantity 100 80 70 150 185
✓

Answer

Commodity Base Year Quantities $q_0$ Current Year Quantities $q_1$
I 140 100
II 120 80
III 100 70
IV 20 150
V 255 185
Tota 785 585

From the table, $\sum q _0=785, \sum q _1=585$
Quantity Index Number $\left( Q _{01}\right)=\frac{\sum q _1}{\sum q _0} \times 100$
$ =\frac{585}{785} \times 100$
$=74.52 $

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