Index NumbersMTP Dec 22 Series IIQuestion 3918 of 167

The prices and quantities of $3$ commodities in base and current years are as follows:$P_0$ | $P_1$ | $Q_0$ | $Q_1$12 | 14 | 10 | 2010 | 8 | 20 | 308 | 10 | 30 | 10The Laspeyre's Price Index Number is:

A$118.13$

B$107.14$

C$120.10$

DNone of these

For any discrepancies in this question, email contact@cadada.in

Correct Answer

✅ Option b — $107.14$

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.

Practice all 167 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.