Price Index Number by Simple Aggregate method is given by - Vidyadip

MCQ

Price Index Number by Simple Aggregate method is given by

A
$\sum \frac{p_1}{p_0} \times 100$
B
$\sum \frac{p_0}{p_1} \times 100$
✓
$\frac{\sum p_1}{\sum p_0} \times 100$
D
$\frac{\sum p_0}{\sum p_1} \times 100$

✓

Answer

Correct option: C.

$\frac{\sum p_1}{\sum p_0} \times 100$

$\frac{\sum p_1}{\sum p_0} \times 100$

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