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CUET · MATHS · PYQ PAPER 2023

Given \(\sum p_0 q_0=800, \sum p_0 q_1=1500, \sum p_1 q_1=1300\) and \(\sum p_1 q_0=900\), where subscripts 0 and 1 are used for base year and current year respectively. The Paasche's

  1. A 88.9
  2. B 115.4
  3. C 144.4
  4. D 86.7
Verified Solution

Answer & Solution

Correct Answer

(D) 86.7

Step-by-step Solution

Detailed explanation

\(P_P = \frac{\sum p_1 q_1}{\sum p_0 q_1} \times 100\) \(P_P = \frac{1300}{1500} \times 100\) \(P_P = 86.666...\) \(P_P \approx 86.7\)