1)
a) Find the FBI(Fixed Base Index) taking 2015 as the base year.
Year Price
2012 400
2013 360
2014 480
2015 500
2016 440
2017 520
2018 460
A) 80, 72, 96, 100, 88, 104, 92.
B) 118, 100, 127, 157, 178, 193
C) 117, 101, 127, 156, 179, 186
D) 117, 110, 127, 156, 179,189
b) taking 2017 as base ye6
Year Price
2016 585
2017 500
2018 635
2019 780
2020 895
A) 117, 100, 127, 156, 179.
B) 100, 104.3, 104.1, 157,
C) 117, 101, 127, 156, 179
D) 100, 88, 89, 125, 120,
2) a) Find the CBI(Chain Base Index)
Year Price in ₹(per quintal)
2005 108
2006 96
2007 120
2008 144
2009 132
2010 180
A) 117, 100, 127, 156, 179, 130.1
B) 100, 104.3, 104.1, 157,
C) 117, 101, 127, 156, 179
D)100,88.89,125,120, 91.67, 136.36
3) From the Fixed Base Index numbers given below, prepare Chain Base Index numbers:
Year Price in ₹(per quintal)
2010 94
2011 98
2012 102
2013 95
2014 98
2015 100
A) 109,104.3,104.1,93.1,103.2, 102.
B) 109,104,104.1,93.1,103.2, 102
C) 109,104,104,93.1,103.2, 102
D) 109,104.1,104.1,93.1,103, 102
4) From the Chain Base Index numbers given below, prepare Fixed Base Index numbers:
Year Price in ₹(per quintal)
2010 110
2011 160
2012 140
2013 200
2014 150
A) 110,176,246.4,492.8,739.2.
B) 109,104,104.1,93.1,103.2, 102
C) 109,104,104,93.1,103.2, 102
D) 109,104.1,104.1,93.1,103, 102
5) Find Aggregative Price Index from the following:
a) Items. Base pr. Current pr.
Rice 30 36
Wheat 25 28
Oil 90 108
Potato 15 21
Fish 96 120
A) 120.3 B)121.3 C)123.3. D) 124
b) Items. Base pr. Current pr.
Rice 35 42
Wheat 30 35
Oil 40 38
Misc. 107 120
A) 129.3 B)110.9. C)123.3. D) 124
6) Find the Price Index the following by weighted Aggregative Method.
a) Commodity B.Pri. C.Pri. weight
Rice 140 180 10
Oil 400 550 7
Sugar 100 250 6
Wheat 125 150 8
Fish 200 300 4
A) 144.2. B) 134.2 C) 124.2 D) 133
b) Commodity B.Pri. C.Pri. weight
Rice 30 30 20
Oil 35.5 32.5 6
Sugar 12.5 10 4
Wheat 90 100 3.5
Fish 8 10 1.5
A) 94.2. B) 96. C) 100.3 D) 133
7) Find Price Index by Arithmetic mean Method/Price Relative from the following:
a) Items. Base pr. Current pr.
Rice 30 36
Wheat 25 28
Oil 90 108
Potato 15 21
Fish 96 120
A) 122.3. B)121.3 C)123.4. D) 124
b) Items. Base pr. Current pr.
Rice 30 35
Wheat 22 25
Fish 54 64
Potato 20 25
Coal 15 18
A) 120.3 B)121.3
C)123.3 D) 118.77.
c) Commodity B.Pri. C.Pri.
Rice 30 35
Oil 22 25
Sugar 54 64
Wheat 20 25
Fish 15 18
A) 144.2. B) 134.2 C)118.77 D) 133
8) Find Price Index by method of weighted Price Relative/weighted Arithmetic mean mean of following
a) Commodity B. Pr. C. Pr. Weight
Rice 30 30 20
Pulse 35.50 32.5 6
Rent 12.50 10 4
Oil. 90 100 3.5
Misc. 8 10 1.5
A) 89.5 B) 90.5 C) 91.5 D) 96
b) Commodity B. Pr. C. Pr. Weight
Rice 5 7 4
Pulse 8 10 2
Rent 25 32 3
Oil. 6 12 1
A) 139.4. B) 130.7 C) 120.6 D) 92.5
c) Commodity B. Pr. C. Pr. Weight
Rice 25 28 20
Pulse 20 22 12
Rent 30 27 10
Oil. 90 99 8
A) 89.6 B) 90.6 C) 91.6 D) 106.8
d) Commodity B. Pr. C. Pr. Weight
Rice 5.20 4.25 30
Pulse 3.75 2.95 40
Rent 1.95 2.15 15
Oil. 8.10 8.85 15
A) 89.5 B) 90.5 C) 91.5 D) 114.9
e) Commodity B. Pr. C. Pr. Weight
Rice 16.00 20.00 40
Pulse 40.00 60.00 25
Rent 0.50 0.50 5
Oil. 5.12 6.25 20
Misc. 2.00 1.50 10
A) 124.4. B) 90.5 C) 91.5 D) 92.5
9) Find Laspayer's Price Index of following:
a) Items Base year Current year
Pri. Qua. Pri. Qua.
A 2 8 4 6
B 5 10 6 5
C 4 14 5 10
D 2 19 2 13
A) 120 B) 125. C) 130 D) 135
b) Items Price(₹/kg) Quantity
1995 2005 1995 2005
A 4 5 35 120
B 60 70 118 130
C 35 40 50 70
A) 120 B) 125. C) 116.5. D) 135
c) Items Base yr. Current yr.
Pri. Qua. Pri. Qua.
A 20 8 40 6
B 50 10 60 5
C 40 16 50 10
D 20 20 20 15
A)124.96. B) 125. C) 130 D) 135
d) Items Price Quantity
2005 2010 2005 2010
A 2 5 20 15
B 4 8 4 5
C 1 2 10 12
D 5 10 15 6
A)221.98. B)211C)232.1 D) 98.52
e) Commodity B. Pr. C. Pr. Weight
Rice 4 10 50
Pulse 3 8 10
Rent 2 4 5
A) 200 B) 250. C) 275 D) 325
10) Find Price Index by Paasche's Method of following Items:
a) Price(₹/kg) Quantity
1995 2005 1995 2005
A 4 5 35 120
B 60 70 118 130
C 35 40 50 70
A) 120 B) 125. C) 116.5. D) 135
b) Items 2010 2011
Pri. Quan. Pri. Quantity
A 20 8 40 6
B 50 10 60 5
C 40 20 20 15
A)125.23 B) 124.2 C) 116.5. D) 135
c) Items 2010 2011
Pri. Quan. Pri. Quantity
A 2 20 5 15
B 4 4 8 5
C 1 10 2 13
D 5 5 10 6
A)125.23 B) 124.96 C) 98.52. D)135
d)Items 2015 2020
Pri. Quan. Pri. Quantity
A 2 6 3 5
B 3 5 8 5
C 4 8 10 6
A) 251.1 B)261.36. C)212 D)232.5
11) Calculate the price numbers by Bowley's method of following:
a) Items 2010 2011
Pri. Quan. Pri. Quantity
A 20 8 40 6
B 50 10 60 5
C 40 20 20 15
A)125.23 B) 124.96 C)116.5. D)135
12) Calculate the price numbers by Fisher's Ideal method of following:
a) Items 2010 2011
Pri. Quan. Pri. Quantity
A 20 8 40 6
B 50 10 60 5
C 40 20 20 15
A)125.23 B) 124.96 C)116.5. D)135
b) Items 2010 2011
Pri. Quan. Pri. Quantity
A 100 10 110 6
B 150 15 170 18
C 5 50 4 30
A)110.65. B) 124.96 C)116.5. D)135
13) From the data given below construct Fisher's Quantity Index Number of following:
c) Items 2010 2011
Qua. Pri. Quan. Pri.
A 2 4 4 18
B 5 3 2 2
C 7 8 4 24
A) 85.23 B) 94.96 C) 87.34 D)135
d) Items 2010 2011
Pri. Quan. Pri. Quantity
A 8 6 12 5
B 10 5 11 6
C 7 8 8 5
A)123.49. B) 124.96 C) 98.2 D)135
e) Items 2010 2011
Pri. Quan. Pri. Quantity
A 10 100 8 96
B 16 96 14 98
C 12 36 10 40
A)125.23 B) 124.96 C)120.65 D)135
f) Items 2010 2011
Pri. Quan. Pri. Quantity
A 5 50 4 48
B 8 48 7 49
C 6 18 5 20
A)120.65. B)124.96 C)120.65 D)135
14) Find Price Index by Marshall-Edgeworth of following:
a) Items 2010 2011
Pri. Quan. Pri. Quantity
A 2 74 3 82
B 5 125 4 140
C 7 40 6 33
A)125.23 B) 9.5 C) 98.52. D)135
b) Items 2010 2011
Pri. Quan. Pri. Quantity
A 9.3 100 4 5 90
B 6.4 11 3 7 10
C 5.1 5 2.7 3
A)125.23 B)49.135 C) 98.52 D)135
15) Construct the Cost Living Index Number from the following:
a) Group Weight Index
Food 47 247
Fuel 7 293
Clothing 8 289
Rent 13 100
Misc. 14 236
A) 231.19.B) 232.4 C)230 D) 223.91
b) Group Weight Index
Food 50 241
Fuel 2 221
Clothing 3 204
Rent 16 256
Misc. 29 179
A)231.19B) 232.4 C)230 D) 223.91.
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