alleryStart learning →Prices of A and B were Rs 2 and Rs 4, now Rs 3 and Rs 5. Base quantities were 10 and 5. Find the Laspeyres index.
A130
B125
C137.5
D133.3
Answer & Solution
Correct answer: C. 137.5
Sum p1q0 is 30 + 25 = 55 and sum p0q0 is 20 + 20 = 40, so 55/40 x 100 = 137.5.
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