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Observe the following table and answer the questions given below it :CommoditiesQuantity in 2000 Base Year (q0)Quantity in 2001 Current Year (q1)A2045B4070C60105D2060TotalΣq0 = ____Σq1 = ____(a) Complete the above table. (1)(b) Calculate the Quantity…

Q.5 (i) Observe the following table and answer the questions given below it :

CommoditiesQuantity in 2000 Base Year (q0)Quantity in 2001 Current Year (q1)
A2045
B4070
C60105
D2060
TotalΣq0 = ____Σq1 = ____

(a) Complete the above table. (1)
(b) Calculate the Quantity Index Number from the above table. (3)

1 answer

Best answer

Answer: (a) Σq0 = 140, Σq1 = 280; (b) Q01 = 200

(a) Σq0 = 20 + 40 + 60 + 20 = 140; Σq1 = 45 + 70 + 105 + 60 = 280.

(b) Quantity index number (simple aggregative method):

\(Q_{01} = \frac{\sum q_1}{\sum q_0}\times 100 = \frac{280}{140}\times 100 = 2\times 100 = 200\)

Q01 = 200. The quantity in 2001 has increased by 100% compared with the base year 2000.

Doubtly AI · 28 Oct 2026 AI-verified · Oct 2026 Report
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