CUET Preparation Today
CUET
-- Mathematics - Section B2
Index Numbers and Time Based Data
Given that $∑p_0q_0= 700, ∑p_0q_1=1450, ∑p_1q_0=855$ and $∑p_1q_1=1300.$ Where subscripts 0 and 1 are used for base year and current year respectively. The Laspeyer's price index number is :
18.46
119.35
120.23
122.14