Calculate Laspeyres price index between 1995 and 2002 from given below

Calculate Laspeyres price index between 1995 and 2002 from given below




Calculate Laspeyres price index between 1995 and 2002 from the given below:













                                 Base price in 1995                   Current price in 2002             Quantity consumed in 1995




Milk (per litre)                      Rs. 12                                       Rs. 16                                       500 litre



Butter (per kg.)                    Rs. 80                                       Rs. 120                                     200 Kg.



Eggs (per dozen)                 Rs. 20                                       Rs. 24                                       400 dzs




 





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