Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

If Laspeyre's index number =160, Paasche's index number =90. then Fisher's ideal index number is :

Options:

30

120

140

160

Correct Answer:

120

Explanation:

The correct answer is Option (2) → 120

Laspeyre's index, L = 160

Paasche's index, P = 90

Fisher's index = $\sqrt{L×P}$

$=\sqrt{160×90}$

$=\sqrt{14400}=120$