Mathematics · Index Numbers
The value index number is expressed in terms of which of the following formulas?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1∑ p0q0∑ p1q1 × 100
- 2∑ p1q0∑ p0q0 × 100
- 3∑ p1q0∑ p1q1 × 100
- 4∑ p1q1∑ p0q0 × 100✓
Correct answer
∑ p1q1∑ p0q0 × 100
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