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Choose the correct alternative : Paasche’s Price Index Number is given by - Mathematics and Statistics

MCQ

Choose the correct alternative :

Paasche’s Price Index Number is given by

Options

  • `(sum"p"_0"q"_0)/(sum"p"_1"q"_0) xx 100`

  • `(sum"p"_0"q"_1)/(sum"p"_1"q"_1) xx 100`

  • `(sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx 100`

  • `(sum"p"_1"q"_1)/(sum"p"_0"q"_1) xx 100`

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Solution

Paasche’s Price Index Number is given by `(sum"p"_1"q"_1)/(sum"p"_0"q"_1) xx 100`.

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APPEARS IN

Balbharati Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board
Chapter 5 Index Numbers
Miscellaneous Exercise 5 | Q 1.08 | Page 90
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