$\sum P_1 Q_0 = 1360$, $\sum P_0 Q_0 = 1900$$\sum P_1 Q_1 = 1344$, $\sum P_0 Q_1 = 1880$ then the Laspeyres Index number is

The correct answer is Option a: $71$. MTP Dec 23 Series I

Index NumbersMTP Dec 23 Series IQuestion 3923 of 187

$\displaystyle \sum P_1 Q_0 = 1360$ , $\displaystyle \sum P_0 Q_0 = 1900$ $\displaystyle \sum P_1 Q_1 = 1344$ , $\displaystyle \sum P_0 Q_1 = 1880$ then the Laspeyres Index number is

\displaystyle 71

\displaystyle 139.70

\displaystyle 175

DNone of these

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✅ Option a — $\displaystyle 71$

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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