CUET Preparation Today
CUET
-- Applied Mathematics - Section B2
Index Numbers and Time Based Data
Consider the following table:
Commodity
Quantity
Price Year 2002
Price Year 2006
P
30
200
280
Q
20
100
R
150
120
S
10
50
The weighted aggregative price index number for year 2006 with year 2002 as base year using Laspeyre's index number is:
$\frac{3150}{24}$
134
136
$\frac{3160}{23}$
The correct answer is Option (3) → 136