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Question

Paasche Price Index = ?
914175_b0e7e1c88f684430bc4d1402047dc970.PNG

A
157.33
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B
153.14
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C
153.33
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D
157.14
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Solution

The correct option is D 157.14
Paasche Price Index Number
PP01=ΣP1Q1ΣP0Q1×100=2214×100=157.14.

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