s based on the following data; Use any two methods mentioned below. 1) Paaschey's Method 2)Fisher's Method 3) Laspeyre's Meth

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section2.1: Equations
Problem 78E
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Calculate the Price and Quantity Index numbers based on the following data; Use any two methods mentioned below. 1) Paaschey's Method 2)Fisher's Method 3) Laspeyre's Method.

Data is attached in the image.

 

Year -2010
Year -2020
Quantity Price
15 Pieces 10000
Price
Quantity
Cloths
8000
18 Pieces
Vegetables 1500
2500
Electricity
10 KG
3000
4500
21 KG
Fruits
18 KG
22 KG
4500
100 Units 5000
130 Units
Petrol
6000
70 Liters 8000
120 Liters
Transcribed Image Text:Year -2010 Year -2020 Quantity Price 15 Pieces 10000 Price Quantity Cloths 8000 18 Pieces Vegetables 1500 2500 Electricity 10 KG 3000 4500 21 KG Fruits 18 KG 22 KG 4500 100 Units 5000 130 Units Petrol 6000 70 Liters 8000 120 Liters
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