Write down the formula for Laspeyre’s and Paasche’s index number. - Vidyadip

Question

Write down the formula for Laspeyre’s and Paasche’s index number.

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Answer

Laspeyre's index number $I_{l}=\sum_{\sum p_{1} q_{0}}^{p_{1} q_{0}} \times 100$
Paasche's index number $I_{P}=\sum_{\sum_{p q 1} q_{1}} \times 100$

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