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The price index is a simple sum - the sum of the prices for a list of articles and services considered to be "typically" used by a family. The real trick consists in (a) defining what products and services (and in what quantities) are "typical", and (b) finding out the actual prices.

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The formula for calculating a price index is (Current Year Cost / Base Year Cost) x 100. The result gives you the price index value, representing the percentage change in price between the current year and the base year.

Q: What is the mathematical formula for calculating price index?

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Terms of trade = Price of Exports / Price of Imports The prices of exports and imports are usually calculated with respect to a specified base year. From that it is possible to calculate changes in the mix and the value of the trade flows to arrive at prices for the period in question.

(price of commodity in the given year/ price of the commodity in preceding year) * 100

AnswerThe geometric mean of Laspeyre's and Paasche's price indices is called Fisher's price index.

loss+selling price (S.P)

Each month the Consumer Price Index (CPI) and the Producers Price Index (PPI) are prepared.

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Nominal GDP/CPI*100 answer will be in $ amount

The consumer price index (CPI) provides a method for calculating the price changes that consumers and household managers face over a stated period.

% change in quantitydemanded divided by % change in price.

The formula for calculating forward FX is Forward price - SpotÊÊprice x 12 x 100. This is used to compute the annual forward premium.Ê

how can we calculate cpi(consumer price index) .

Terms of trade = Price of Exports / Price of Imports The prices of exports and imports are usually calculated with respect to a specified base year. From that it is possible to calculate changes in the mix and the value of the trade flows to arrive at prices for the period in question.

The higher the consumer price index becomes, the higher the cost of living will be because it will take a larger income to buy the same things they used to buy due to increased prices.

(price of commodity in the given year/ price of the commodity in preceding year) * 100

GP=(sell price-cost)/sell price. In excel, whatever result you get format that cell to be a percentage by hitting the % button in the menu bar.

Wolfgang Eichhorn has written: 'Functional equations in economics' -- subject(s): Functional equations, Mathematical Economics 'Theory of the price index' -- subject(s): Price indexes

Price Index

share premium could be calculated as by getting the difference between the market price of the share and its nominal price. Formula: Share Premium= Market Price - Nominal Price