Calculate the price index using fisher's method from the following data :
COMMODITY QUANTITIES PRICES
2008 2010 2008 2010
A 10 16 20 20
B 9 7 25 30
C 20 24 40 40
Amrisha,
As you must be knowing that these are the exam-days, wherein, our responsibilities and students' dependency on us are at peak. We have to have a look-after for each and every students. In this pursue of reaching out to students, we need to take-up the high-priortised and generic questions, wherein, most of students get stuck. Hence, it is request to you to solve the question yourself and if you face any difficulty then do get back to us. Refer to the following link and scroll down to topic 'Fisher's Price Index Number' in order to understand the calculation procedure of Fisher's price index. You can also view the video to understand the steps involved in the calculation.
https://www.meritnation.com/cbse/class11-commerce/studymaterial/economics/statistics-for-economics/index-numbers/443_2500_6442#slide2_category-and-calculation-of-index-numbers
As you must be knowing that these are the exam-days, wherein, our responsibilities and students' dependency on us are at peak. We have to have a look-after for each and every students. In this pursue of reaching out to students, we need to take-up the high-priortised and generic questions, wherein, most of students get stuck. Hence, it is request to you to solve the question yourself and if you face any difficulty then do get back to us. Refer to the following link and scroll down to topic 'Fisher's Price Index Number' in order to understand the calculation procedure of Fisher's price index. You can also view the video to understand the steps involved in the calculation.
https://www.meritnation.com/cbse/class11-commerce/studymaterial/economics/statistics-for-economics/index-numbers/443_2500_6442#slide2_category-and-calculation-of-index-numbers