The Laspeyre's index number is a weighted aggregate method by taking ______ as weight.

CA Foundation · Quantitative Aptitude · MTP · January 2026
The Laspeyre's index number is a weighted aggregate method by taking ______ as weight.
(A) A. quantity consumed in the base year
(B) B. quantity consumed in the current year
(C) C. value of items consumed in the base year
(D) D. value 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

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic