1.

Find the Consumer Price Index from the following data. Using(i) Aggregative Expenditure Method, and(ii) Family Budget Method.Is there any difference between the two results? Commodity Quantity Consumed in the year 2004 Unit Price in 2004 (₹) Price in 2017 (₹) Rice Wheat Bajra Arhar Desi Ghee Sugar 6 8 1 2 20 1 Quintal Quintal Quintal Quintal kg Quintal 100 80 70 120 12 160 120 90 70 115 15 170

Answer» Find the Consumer Price Index from the following data. Using

(i) Aggregative Expenditure Method, and

(ii) Family Budget Method.

Is there any difference between the two results?

















Commodity Quantity Consumed in the year 2004 Unit Price in 2004 (₹) Price in 2017 (₹)
Rice



Wheat



Bajra



Arhar



Desi Ghee



Sugar
6



8



1



2



20



1
Quintal



Quintal



Quintal



Quintal



kg



Quintal
100



80



70



120



12



160
120



90



70



115



15



170


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