The prices and the quantities of three commodities are given are :
Commodity Price (₹) in Year 2006 Price (₹) in Year 2009 Quantities in Year 2006 Quantities in Year 2009 P 100 90 12 10 Q 80 8 7 R 60 50 4 6
The Laspeyre's price index number for year 2009 with year 2006 as base is 200. The value of is :
The prices and the quantities of three commodities are given are :
| Commodity | Price (₹) in Year 2006 | Price (₹) in Year 2009 | Quantities in Year 2006 | Quantities in Year 2009 |
|---|---|---|---|---|
| P | 100 | 90 | 12 | 10 |
| Q | 80 | 8 | 7 | |
| R | 60 | 50 | 4 | 6 |
The Laspeyre's price index number for year 2009 with year 2006 as base is 200. The value of is :
Solution
✅ Correct Option: 2
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