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Construct price index number of the foll...

Construct price index number of the following data by using:
(i) Laspeyre's Method, (ii) Paasche's Method, and (iii) Fisher's Method.

Note: Answers by all the methods are more or less equal. Nevertheless, Fisher's Index number is regarded as an ideal method.

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Verified by Experts

The correct Answer is:
(i) By Laspeyre's Method = 138.32, (ii) By Paasche's Method = 137.04, (iii) By Fisher's Method = 137.66
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