1. Construct index numbers of price for the following data by applying:
i) Laspeyre's method
ii) Paasche's method
iii) Fisher's Ideal Index number
|
Commodity
|
Base year
|
Current year
|
|
Price
|
Quantity
|
|
Price Quantity
|
|
A
|
2
|
8
|
4
|
6
|
|
B
|
5
|
10
|
6
|
5
|
|
C
|
4
|
14
|
5
|
10
|
|
D
|
2
|
19
|
2
|
13
|