Given that ∑p0q0 = 700, ∑p0q1 = 1450, ∑p1q0 = 855 and ∑p1q1 = 1300. Where subscripts 0 and 1 are used for the base year and a current year respectively. The Laspeyer's price index number is:

1
118.46
2
119.35
3
120.23
4
122.14

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Quick Navigation