Question

3.
(Ans. (1) Poi 137.188. (in Poia .
The price quotation of different commodities for 2001 and 2002 are given below. Calculate
the index number for 2002 with 2001 as base vear by using (1) Simple average of price
relatives and (in) Weighted average of price relative.
Commodity
Unit
Weight
Prices (Rs.)
2001
2002
2.00
4.50
2.50
3.20
Dozen
3.00
4.50
1.00
1.80
(Ans.(.) 170.5 (1) 164.051
Kg.
QL
kg.​

Answer 1

Explanation:

(Ans. (1) Poi 137.188. (in Poia .

The price quotation of different commodities for 2001 and 2002 are given below. Calculate

the index number for 2002 with 2001 as base vear by using (1) Simple average of price

relatives and (in) Weighted average of price relative.

Commodity

Unit

Weight