alleryStart learning →Goods priced Rs 2 and Rs 4 earlier now cost Rs 3 and Rs 5; present quantities are 5 and 10. Paasche index?
A137.5
B125
C130
D120
Answer & Solution
Correct answer: C. 130
Sum p1q1 is 15 + 50 = 65 and sum p0q1 is 10 + 40 = 50, so 65/50 x 100 = 130.
Keep practising Index Numbers
Browse all Index Numbers questions for CA Foundation, or explore more Quantitative Aptitude topics.
Related questions
If the price index is 125 (base 100), what is a rupee's purchasing power relative to base?Over a year the CPI goes from 125 to 150. By what percent have prices risen?The CPI rises from 200 to 210 over a year. What is the inflation rate?A worker earns Rs 7,200 when the CPI is 120 (base 100). What is the real wage?Year-on-year price ratios are 1.10 and then 1.20. What is the chained index, base 100?Weights 40 and 60 apply to price relatives 110 and 130. Weighted index?Price relatives 120 and 150 carry weights 3 and 2. What is the weighted average relative?Prices of two goods became 2 times and 8 times their base values. What is the Jevons price