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Exercise 1.11
1. Compute the index number of price for the year 2008 by total
expenditure method from the following data

By Remi

Exercise 1.11
1. Compute the index number of price for the year 2008 by total
expenditure method from the following data and interpret its
value:
Price (Rs)
Commodity
Unit
Quantity
2003
2003 2008
A
65
2500 gm
700 gm
B
12
20
С
kg
kg
litre 30 litres
piece 2 dozens
unit 1 unit
2.20
3
D
3
5
E
250
400​

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Remi

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