If Laspeyre's index number is 225 and Pa

CUET Preparation Today

Start Free Mocks

Home Questions RNZ24TQAWM

Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

If Laspeyre's index number is 225 and Paasche's index number is 169, then Fisher's ideal index number is :

Options:

195

250

165

175

Correct Answer:

195

Explanation:

The correct answer is Option (1) → 195

The formula for fisher's ideal index -

$F=\sqrt{L×P}$

$=\sqrt{225×169}=195$