Class 11 Economics Solutions by Sandeep Garg 9th Chapter of Economics – Index The trained economic instructor uses the current version of Sandeep Garg Economics Class 11 textbook solutions to explain the numbers.
Sandeep Garg Economics Class 11 Solutions are provided by MNS EdTech to provide students with a detailed understanding of the subject. Students will benefit greatly from these observations when they complete their homework or prepare for their exams.
There are many topics in Economics, but we have provided you with the answer from the Tabular Presentation, which will assist students in scoring well on their board exams.
Sandeep Garg Solutions Class 11 – Chapter 9
Question 1
Arrange an index number for the year 2015 on the basis of 2010 using the simple aggregative method:
| Goods | Unit | Cost | |
| 2010 | 2015 | ||
| Potato | Kilo | 100 | 500 |
| Tomato | Kilo | 400 | 250 |
| Onion | Kilo | 200 | 400 |
| Oil | litre | 4 | 5 |
| Fabric | meter | 2 | 3 |
ANSWER:
Question 2
Form an index number using 2010 price:
| Items | P | Q | R | S | T | U |
| Prices (2011) | 220 | 50 | 370 | 110 | 70 | 90 |
| Prices (2016) | 250 | 80 | 500 | 130 | 72 | 100 |
ANSWER:
Question 3
Prepare an index number for 2014 on the basis of 2010 from the below data using aggregate expenditure method.
| Particulars | Quantity (kg.) | Prices | |
| 2010 | 2014 | ||
| G | 9 | 21 | 25 |
| H | 6 | 20 | 22 |
| I | 4 | 19 | 23 |
| J | 3 | 9 | 10 |
| K | 3 | 5 | 9 |
Answer:
Question 4
Calculate the consumer index number by using the family budget method.
| Items | Quantity | Base Price Year | Current Price Year |
| Rent | 45 | 200 | 225 |
| Food | 20 | 300 | 350 |
| Clothing | 8 | 150 | 175 |
| Fuel | 10 | 100 | 110 |
| Misc. | 17 | 200 | 250 |
Answer:
Question 5
Arrange an index for 2015 taking 2010 using a simple aggregate and price relatives method
| Items | A | B | C | D |
| Year 2010 Price | 20 | 40 | 50 | 70 |
| Year 2015 Price | 30 | 50 | 70 | 90 |
Answer:
Related Links
Also Check:
0 Comments