Question

Class work-1 If Paasche’s and Laspeyre’s index number are 81 and 64 respectively, find out Fisher’s index Number.​

Answer 1

Answer:

Laspeyre's Index (L.I.) =110

Paasche's Index (P.I.) =108

Fisher's Ideal Index =

L.I.×P.I.

=

110×108

=108.995≈109