The weight average of price relatives of commodities when the weight is equal to the value of commodities in base year yields ____ index number

CA Foundation · Quantitative Aptitude · MTP · September 2025
The weight average of price relatives of commodities when the weight is equal to the value of commodities in base year yields ____ index number
(A) A. Fisher's Ideal
(B) B. Laspyres
(C) C. Paasches
(D) D. Marshall-Edgeworth

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Laspyres

Topics: Part-C: Statistics

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