Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

Consider the following table:

 Commodity 

 Quantity 

 Price Year 2002 

 Price Year 2006 

P

30

200

280

Q

20

100

200

R

20

150

120

S

10

50

100

The weighted aggregative price index number for year 2006 with year 2002 as base year using Laspeyre's index number is:

Options:

$\frac{3150}{24}$

134

136

$\frac{3160}{23}$

Correct Answer:

136

Explanation:

The correct answer is Option (3) → 136