Compute Marshall Edgeworth Ideal Index No. Commodities Price (₹) Valu…

The correct answer is Option (1) → 191.52

For calculating base period and current period quantity we divide value by price.

Commodity	$p_0$​	$q_0$​	$p_1$​	$q_1$​	$p_1​q_0$​	$p_0​q_0$​	$p_1​q_1$​	$p_0​q_1$​
A	5	8	8	5	64	40	40	25
B	8	8	12	14	96	64	168	112
C	10	12	22	6	264	120	132	60
D	12	12	26	8	312	144	208	96
E	16	18	30	10	540	288	300	160
					$\sum p_1​q_0= 1276$	$\sum p_0​q_0= 656$	$\sum p_1​q_1= 848$	$\sum p_0​q_1= 453$

Marshall-Edgeworth Method:

$P_{01} = \frac{\sum p_1(q_0 + q_1)}{\sum p_0(q_0 + q_1)} \times 100 = \frac{\sum p_1q_0 + \sum p_1q_1}{\sum p_0q_0 + \sum p_0q_1} \times 100$

$= \frac{1276 + 848}{656 + 453} \times 100 = \frac{2124}{1109} \times 100 = 191.52$