Question

If the Fisher index is 10% more than the Laspeyre’s index and base year index is 109.5, find
Paasche’s index.​

Answer 1

Step-by-step explanation:

10% of 109.5=10.9

So Fisher's Price Index =109.5+10.95=120.45

According to given Condition:

(120.45)²=109.5×x

Answer 2

Step-by-step explanation:

so the Fisher index is more than 10% of laspeyre index

109.5×10/100 + 109.5

=120.45

F= (L ×P)^1/2

120.45^2 = 109.5 × X

X= 132.5

hopes it helpful