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<p align="justify">The method in which sum of prices of all the commodities in the current period is divided by the total prices in the base period is called unweighted aggregate index. Since simple aggregate index does not give relative importance to the commodities therefore it is neither meaningful nor representative index. The formula for calculating a simple aggregate price index is given below.</p>
<p align="justify">&#160;</p>
<p align="justify"><a href="http://mba-lectures.com/wp-content/uploads/2010/06/image115.png"><img title="image" style="border-top-width: 0px; display: inline; border-left-width: 0px; border-bottom-width: 0px; border-right-width: 0px" height="105" alt="image" src="http://mba-lectures.com/wp-content/uploads/2010/06/image_thumb115.png" width="260" border="0" /></a> </p>
<p align="justify">&#160;</p>
<p> Problem: Calculate price index using simple aggregate method taking </p>
<ul>
<li>1975 as base year </li>
<li>Chain base method </li>
</ul>
<p> &#160;</p>
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<p> <a href="http://mba-lectures.com/wp-content/uploads/2010/06/image116.png"><img title="image" style="border-top-width: 0px; display: inline; border-left-width: 0px; border-bottom-width: 0px; border-right-width: 0px" height="181" alt="image" src="http://mba-lectures.com/wp-content/uploads/2010/06/image_thumb116.png" width="450" border="0" /></a> </p>
<p> &#160;</p>
<p><strong>Solution:</strong></p>
<p> &#160;</p>
<h3>1975 as base year</h3>
<p><a href="http://mba-lectures.com/wp-content/uploads/2010/06/image117.png"><img title="image" style="border-top-width: 0px; display: inline; border-left-width: 0px; border-bottom-width: 0px; border-right-width: 0px" height="181" alt="image" src="http://mba-lectures.com/wp-content/uploads/2010/06/image_thumb117.png" width="450" border="0" /></a> </p>
<p> &#160;
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thank you
Thanks very much but try to add more examples please.
Currently we are working on other categories to complete our threshold of 5o articles each category. As soon as we complete our threshold of 50 we will come up with through explanation of each article.
Thank you in deed!
Was very easy to comprehend.But more example
Thank u much :) great stuff
thank's!but we need more example.God Bless you.
Well simplified and easy to grasp...thank you very much but there is need to include different types of examples.
thank's lecturers but we need more examples to get it cleared
thank u so much u have no idea how much have u helped metomorrow is my exam and u saved my life thnxx
xoxo
very helpful thanx