Using the'data given below, calculate Price Index Numbers for the year 1998 by (i) Laspeyre's formula, (ii) Paasche's formula and (iii) Fisher's formula with the year 1989 as base. Commodity Price (()...


Using the'data given below, calculate Price Index Numbers for the year 1998 by (i)<br>Laspeyre's formula, (ii) Paasche's formula and (iii) Fisher's formula with the year 1989 as base.<br>Commodity<br>Price (()<br>Quantity (000 Kg.)<br>1989<br>1998<br>1989<br>1998<br>Rice<br>9.3<br>4.5<br>100<br>90<br>Wheat<br>6.4<br>3.7<br>10<br>Pulses<br>5.1<br>2.7<br>5<br>3<br>

Extracted text: Using the'data given below, calculate Price Index Numbers for the year 1998 by (i) Laspeyre's formula, (ii) Paasche's formula and (iii) Fisher's formula with the year 1989 as base. Commodity Price (() Quantity (000 Kg.) 1989 1998 1989 1998 Rice 9.3 4.5 100 90 Wheat 6.4 3.7 10 Pulses 5.1 2.7 5 3

Jun 11, 2022
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