Laspyres index number is a weighted aggregate method by taking _______ as weights.

CA Foundation · Quantitative Aptitude · MTP · May 2026
Laspyres index number is a weighted aggregate method by taking _______ as weights.
(A) A. Quantity consumed in the base year
(B) B. Quantity consumed in the current year
(C) C. Value of items consumed in base year
(D) D. Vlaue of items consumed in the current year

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Quantity consumed in the base year

Topics: Part-C: Statistics

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