Question:
The prices and the quantities of three commodities are given are :Commodity Price (₹)
Quantities
in Year
2006 in Year
2009 in Year
2006 in Year
2009 P 100 90 12 10 Q 80 \(x\) 8 7 R 60 50 4 6
The Laspeyre's price index number for year 2009 with year 2006 as base is 200. The value of \(x\) is:
The prices and the quantities of three commodities are given are :
| Commodity | Price (₹) | Quantities | ||
| in Year 2006 | in Year 2009 | in Year 2006 | in Year 2009 | |
| P | 100 | 90 | 12 | 10 |
| Q | 80 | \(x\) | 8 | 7 |
| R | 60 | 50 | 4 | 6 |
The Laspeyre's price index number for year 2009 with year 2006 as base is 200. The value of \(x\) is:
Updated On: Sep 3, 2024
- 320
- 360
- 140
- 260
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The Correct Option is B
Solution and Explanation
The correct option is (B):360
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