Question
The quantity consumed and total expenditure of four different items are as given below. Find Laspeyre's, Paasche's and Fisher's index numbers for the year $2017$ with respect to the year $2015 :$
Item Year $2015$ Year $2017$
Total
Expenditure
(₹)
Consumption
(Quantity)
Total
Expenditure
(₹)
Consumption
(Quantity)
$A$ $360$ $60 \ kg$ $375$ $25 \ kg.$
$B$ $160$ $10$ litre $416$ $20$ litre
$C$ $480$ $15 \ kg.$ $613.2$ $6 \ kg.$
$D$ $336$ $3 \ kg.$ $400$ $2.5 \ kg.$

Answer

$I_L=233.61, I_P=191.53, I_F=211.53$

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