Simple Aggregative Method Calculator
सरल समूही सूचकांक विधि कैलकुलेटर
Calculate Price Index, Quantity Index & Value Index using Simple Aggregative Method with step-by-step solution
Price Index
Quantity Index
Value Index
Two Period
Multiple Items
| Item | Base Year Value | Current Year Value |
|---|
← Scroll to view full table →
| Product Name | Base Year Value | Current Year Value |
|---|
← Scroll to view full table →
Simple Aggregative Method Formula:
\[
P_{01} = \frac{\Sigma P_1}{\Sigma P_0} \times 100
\]
Index Number Calculation Result
Price Index
0.00
Percentage Change
0.00%
Sum (Base Year)
0.00
Sum (Current Year)
0.00
Interpretation:
Enter data and calculate to see interpretation
← Scroll to view full table →
Step 1: Data Preparation
Step 2: Calculate Sums
Step 3: Apply Simple Aggregative Formula
Step 4: Calculate Percentage Change
Step 5: Interpretation
Price Index
Quantity Index
Value Index
Two Period
Multiple Items
| Item | Base Year Value | Current Year Value |
|---|
| Product Name | Base Year Value | Current Year Value |
|---|
Simple Aggregative Method Formula:
\[
P_{01} = \frac{\Sigma P_1}{\Sigma P_0} \times 100
\]
Index Number Calculation Result
Price Index
0.00
Percentage Change
0.00%
Sum (Base Year)
0.00
Sum (Current Year)
0.00
Interpretation:
Enter data and calculate to see interpretation
Step 1: Data Preparation
Step 2: Calculate Sums
Step 3: Apply Simple Aggregative Formula
Step 4: Calculate Percentage Change
Step 5: Interpretation
Simple Aggregative Method: Complete Guide to Index Number Calculation
सरल संकलन विधि: सूचकांक संख्या गणना की पूरी मार्गदर्शिका
What is the Simple Aggregative Method?
The Simple Aggregative Method, also known as the Simple Aggregate Method, is one of the simplest and most direct methods for calculating index numbers. It involves calculating the ratio of the sum of current year values to the sum of base year values, multiplied by 100.
Mathematical Formula
The formula for Simple Aggregative Method is:
\[
P_{01} = \frac{\Sigma P_1}{\Sigma P_0} \times 100
\]
Where:
- \( P_{01} \) = Price index number for current year with respect to base year
- \( \Sigma P_1 \) = Sum of prices/quantities/values in current year
- \( \Sigma P_0 \) = Sum of prices/quantities/values in base year
Types of Index Numbers Calculated
- Price Index: Measures changes in price levels over time
- Quantity Index: Measures changes in quantities produced or consumed
- Value Index: Measures changes in total monetary value (Price × Quantity)
Applications in Real Life
The Simple Aggregative Method is widely used in:
- Calculating Consumer Price Index (CPI)
- Measuring inflation rates
- Business performance analysis
- Economic research and forecasting
- Academic studies in statistics and economics
Frequently Asked Questions
What is the difference between Simple Aggregative and Weighted Aggregative Method?
The Simple Aggregative Method gives equal importance to all items, while the Weighted Aggregative Method assigns different weights to items based on their importance or quantity.
When should I use the Simple Aggregative Method?
Use this method when you need a quick estimate, when all items are equally important, or for preliminary analysis before applying more sophisticated methods.
How do I interpret an index number of 125?
An index number of 125 means there has been a 25% increase from the base year to the current year. For price index, this indicates 25% inflation.