Index NumbersMCQPYQ Jun 23Question 3889 of 197
All Questions

If Fisher's index number is 160\displaystyle 160 and Paasche's index number is 140\displaystyle 140, then Laspeyre's index number is

Options

A147.77\displaystyle 147.77
B182.85\displaystyle 182.85
C183.35\displaystyle 183.35
D146.25\displaystyle 146.25
For any discrepancies in this question, email contact@cadada.in

Correct Answer

Option b182.85\displaystyle 182.85

All Options:

  • A147.77\displaystyle 147.77
  • B182.85\displaystyle 182.85
  • C183.35\displaystyle 183.35
  • D146.25\displaystyle 146.25

Ad

Detailed Solution & Explanation

We are given: - Fisher's Index (F\displaystyle F) = 160\displaystyle 160 - Paasche's Index (P\displaystyle P) = 140\displaystyle 140 Fisher's index is the geometric mean of Laspeyres' (L\displaystyle L) and Paasche's (P\displaystyle P) indices: F=L×P    F2=L×PF = \sqrt{L \times P} \implies F^2 = L \times P Substitute the values: 1602=L×140    25600=140L160^2 = L \times 140 \implies 25600 = 140 L L=25600140182.857L = \frac{25600}{140} \approx 182.857 This corresponds to Option B. Hence, **Option B** is the correct answer.

About This Chapter: Index Numbers

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.

View Official ICAI Syllabus

Exam Strategy Tip

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

Key Concepts to Understand

Related Comparison Tables

More Questions from Index Numbers

Ready to Master Index Numbers?

Practice all 197 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.

Start Practicing — It's Free