BSE-500 index is a cap-weighted index that represents nearly 85% of the total market capitalisation on the Bombay Stock Exchange. This index represents all 20 major industries of the economy. 1998-99 is chosen as the base year, and within this, the date February 1, 1999 is selected as the base date for its proximity to the current period. The base value was fixed at 1000 points.
Select a base year to begin the index.
First take a base year. It has to be a normal year when no natural calamity took place and the value decided to all the goods is 100. Changes in the prices are measured as a percentage of the base year prices and then index numbers have to be calculated according to the changes. The answer to the current year is measured with the base year. The increase in the answer of the current year is the inflation rate.
Then prices are 30% higher than in the base year
The base-year value is ordinarily shown as a percentage with the percentage symbol omitted, often 100.0. An example might be Base Year percentage 100.0 and Current Value 139.9.
select a base year
BSE-500 index is a cap-weighted index that represents nearly 85% of the total market capitalisation on the Bombay Stock Exchange. This index represents all 20 major industries of the economy. 1998-99 is chosen as the base year, and within this, the date February 1, 1999 is selected as the base date for its proximity to the current period. The base value was fixed at 1000 points.
by dividing current year price to base year price
Select a base year to begin the index.
select a base year
select a base year
select a base year
First take a base year. It has to be a normal year when no natural calamity took place and the value decided to all the goods is 100. Changes in the prices are measured as a percentage of the base year prices and then index numbers have to be calculated according to the changes. The answer to the current year is measured with the base year. The increase in the answer of the current year is the inflation rate.
Select a base year to begin the index a+ you now whats gud...........
in this a normal year of the recent past is taken as the basse year n the prices of current year are compared with the prices of the same items of base year.
Then prices are 30% higher than in the base year
Wholesale Prices in India (Base: 2004-05=100)