Calculate Walsh's Price Index Number for the following data:CommodityBase YearCurrent YearPriceQuantityPriceQuantityL4832M61689N818732

Q.6 (A) (ii) Calculate Walsh's Price Index Number for the following data:

Doubtly Asked 29 Oct 2026 Board exam · July 2025 hsc 12th Save WhatsApp Report

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Answer: \(P_{01}(W)\approx 98.57\)

Commodity	\(p_0\)	\(q_0\)	\(p_1\)	\(q_1\)	\(q_0q_1\)	\(\sqrt{q_0q_1}\)	\(p_0\sqrt{q_0q_1}\)	\(p_1\sqrt{q_0q_1}\)
L	4	8	3	2	16	4	16	12
M	6	16	8	9	144	12	72	96
N	8	18	7	32	576	24	192	168
Total							280	276

\(P_{01}(W)=\frac{\sum p_1\sqrt{q_0q_1}}{\sum p_0\sqrt{q_0q_1}}\times 100=\frac{276}{280}\times 100=98.57\) (approx.)

Doubtly AI · 29 Oct 2026 AI-verified · Nov 2026 Report

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