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Laspeyre’s Price Index Number is given by ______.

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Question

Laspeyre’s Price Index Number is given by ______.

Options

  • `(sump_0q_0)/(sump_1q_0) xx 100`

  • `(sump_0q_1)/(sump_1q_1) xx 100`

  • `(sump_1q_0)/(sump_0q_0) xx 100`

  • `(sump_1q_1)/(sump_0q_1) xx 100`

MCQ
Fill in the Blanks
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Solution

Laspeyre’s Price Index Number is given by `bb(underline((sump_1q_0)/(sump_0q_0) xx 100))`.

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Construction of Index Numbers - Weighted Aggregate Method
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Chapter 5: Index Numbers - Miscellaneous Exercise 5 [Page 90]

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Balbharati Mathematics and Statistics 2 (Commerce) [English] Standard 12 Maharashtra State Board
Chapter 5 Index Numbers
Miscellaneous Exercise 5 | Q 1.07 | Page 90

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