Construct index number of industrial production in the year 2013 from the following data on the basis of 2008’s production:

$\begin{matrix} Industry & Unit & 2008 & 2013 & Weight Electrical & Electronics & Mill. Nos. & 95 & 230 & 11 Transportation & Mill. Nos & 302 & 667 & 14 Mechanical & Mill. Nos. & 211 & 345 & 10 Sugar and Tea & Th. Tonnes & 43 & 137 & 15 Mining & Th. Tonnes & 114 & 201 & 13 Textiles & Mill. Mtrs & 603 & 928 & 37 \end{matrix}$

185.86

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192.34

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198.65

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201.55

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Solution

The correct option is D
201.55

$P_{01} = \frac{\sum W R}{\sum W} = \frac{\sum W (\frac{Q 1}{Q_{0}}) \times 100}{\sum W} = \frac{11 \times (\frac{230}{95}) \times 100 + 14 \times \frac{667}{302} \times 100 + . . . . + 37 \times (\frac{928}{603}) \times 100}{100} = 201.55$

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The correct option is D 201.55 P01=∑WR∑W=∑W(Q1Q0)×100∑W=11×(23095)×100+14×667302×100+....+37×(928603)×100100=201.55

The correct option is D
201.55

$P_{01} = \frac{\sum W R}{\sum W} = \frac{\sum W (\frac{Q 1}{Q_{0}}) \times 100}{\sum W} = \frac{11 \times (\frac{230}{95}) \times 100 + 14 \times \frac{667}{302} \times 100 + . . . . + 37 \times (\frac{928}{603}) \times 100}{100} = 201.55$