CUET Preparation Today
Construct price index number from the following data using Laspeyre’s Method.
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132.45 145.93 151.20 160.05 |
145.93 |
The correct answer is Option (2) → 145.93 Given Data
Prepare required calculations
Laspeyres’ Price Index $P_L = \frac{\sum p_1 q_0}{\sum p_0 q_0} \times 100$ $P_L = \frac{251}{172} \times 100 = 145.93$ |
