If the prices of all commodities in the base year are twice the values of the respective commodities in the current year, then the Fisher's ideal…

CA Foundation · Quantitative Aptitude · MTP · September 2024
If the prices of all commodities in the base year are twice the values of the respective commodities in the current year, then the Fisher's ideal index number is equal to:
(A) A. 200
(B) B. 50
(C) C. 400
(D) D. 25

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. 50

Topics: Part-C: Statistics

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