Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

Consider the following data :

Commodity Price year 2010 Price year 2016 Quantity year 2010 Quantity year 2016
A 1 2 10 13
B 5 10 12 16
C 6 10 15 18

The Laspeyre's price index number for year 2016 with year 2010 as base year is :

Options:

160

200

150

170

Correct Answer:

160