Mathematics · Index Numbers

With the usual notations, the formula for calculating Laspeyres' index number is:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1∑ p1q1∑ p0q0 × 100
2∑ p1q1∑ p0q1 × 100
3∑ p0q0∑ p1q0 × 100
4∑ p1q0∑ p0q0 × 100✓

Correct answer

∑ p1q0∑ p0q0 × 100

Download Single Question PDF

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Share with Friends & Study Groups

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Preparing for Mathematics?

Practice full-length Mathematics mock tests with real exam timers, instant score analysis, and all-India ranking.

Attempt Index Numbers MCQs →All Mock Tests

Chapter Practice

Want more practice questions on Index Numbers?

Solve complete topic-wise tests with detailed solutions on GkGet.

Practice Index Numbers MCQs →

Recommended practice questions in Mathematics · Index Numbers

Browse More Mathematics →

If Σp0q1 = 450, Σp1q1 = 519, and Σp1q0 = 415.2, what is Paasche's Price Index?

Solve Question→

Match List-I (Index Number) with List-II (Weights Used) and select the correct code: List-I: P. Laspeyres quantity index Q. Fisher price index R. Paasche price index S. Marshall-Edgeworth price index List-II: (i) Current year quantity (ii) Arithmetic Mean of base year and current year quantities (iii) Base year price (iv) Geometric Mean of base year and current year quantities

Solve Question→

With the usual notations, the formula for calculating Laspeyres' index number is:

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Mathematics?

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions

With the usual notations, the formula for calculating Laspeyres' index number is:

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Mathematics?

Related Practice Questions

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions