If the prices of all the goods change in the same ratio, then

CA Foundation · Quantitative Aptitude · PYQS · January 2025
If the prices of all the goods change in the same ratio, then
(A) A. Laspeyre's index and Paasche's index numbers are not equal.
(B) B. Laspeyre's index and Paasche's index numbers are equal.
(C) C. Laspeyre's index is greater than Paasche's index number.
(D) D. Laspeyre's index is less than Paasche's index number.

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Laspeyre's index and Paasche's index numbers are equal.

Topics: Part-A: Business Mathematics, Part-C: Statistics

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