Index NumbersMTP Dec 22 - Series IQuestion 3850 of 167

$Laspeyres index number is a weighted aggregate method by taking ________ as weights.$

AThe quantity consumed in the base year

BThe quantity consumed in the current year

CValue of items consumed in the base year

DValue of items consumed in the current year

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Correct Answer

✅ Option b — The quantity consumed in the current year

Paper

Paper 3: Quantitative Aptitude

Weightage

4-6 Marks

Key Topics

Construction of Index Numbers, Time Series

This chapter covers Construction of Index Numbers, Time Series and is part of Paper 3: Quantitative Aptitude in the CA Foundation exam.

Exam Strategy Tip

This topic carries 4-6 Marks weightage. Focus on understanding core concepts rather than memorizing.

A statistical device for measuring changes in the magnitude of a group of related variables (like prices or production) over time.

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