Dorbish-Bowley’s Price Index Number is given by ____________ - Vidyadip

Question

Dorbish-Bowley’s Price Index Number is given by ____________

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Answer

$\frac{1}{2}\left[\frac{\sum p_1 q_0}{\sum p_0 q_0}+\frac{\sum p_1 q_1}{\sum p_0 q_1}\right] \times 100$

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