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Paasche's price index uses weights from
ABase year quantity
BCurrent year quantity
CEqual quantities
DAverage quantity
Answer & Solution
Correct answer: B. Current year quantity
1. Paasche's formula: ΣP₁Q₁ / ΣP₀Q₁ × 100.
2. It uses current year quantities as weights.
3. Captures actual current consumption pattern but recomputes quantities each period.
4. Hence (B) is correct.
_Source: Maharashtra Balbharati Std XII Mathematics & Statistics (Commerce), Ch 3 "Index Numbers", §3.2 ¶§3.2_
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