Question 32 of 37
Q.
- If , Evaluate OR
- Construct the cost of living index number for 2011 on the basis of 2007 from the given data using family budget method.
| Commodities | Price 2007 | 2011 | Weights |
|---|---|---|---|
| A | 350 | 400 | 40 |
| B | 175 | 250 | 35 |
| C | 100 | 115 | 15 |
| D | 75 | 105 | 20 |
| E | 60 | 80 | 25 |
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2025Subjective· 5mImportance★★★★★
86% · 32/37 Questions
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Start your 14-day free trial to unlock the full solution →(a) Partial fractions , then difference each term to get . (b) , so index .
Part (a) — . Factor and split:
So the function is Using :
Add:
Part (b) — Cost-of-living index (family budget method): (price relative), index
| Commodity | (2007) | (2011) | | | |
| --- | --- | --- | --- | --- | --- | …
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