imple 27 Using the following data verify whether
Laspeyre's index satisfies FRT.
b. Marshall-Edgewroth's index number satisfies TRT.
Base year
Commodity
Priceſ in Rs)
40
Value
800
Rice
Wheat
25
400
Current year
Price in Rs) Value
45
990
30
450
95
855
120 1200
90
630
Oil
95
Fish
110
760
1100
480
Milk
80
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