Quantity Index Number by Simple Aggregate Method is given by ____… - Vidyadip

MCQ

Quantity Index Number by Simple Aggregate Method is given by ______.

A
$\sum \frac{q_1}{q_0} \times 100$
B
$\sum \frac{q_0}{q_1} \times 100$
✓
$\frac{\sum q_1}{\sum q_0} \times 100$
D
$\frac{\sum q_0}{\sum q_1} \times 100$

✓

Answer

Correct option: C.

$\frac{\sum q_1}{\sum q_0} \times 100$

Quantity Index Number by Simple Aggregate Method is given by $\frac{\sum q _1}{\sum q _{ 0 }} \times 1 0 0$.

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