Paasche Price Index Number = ?

220.00

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216.30

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219.12

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221.98

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Solution

The correct option is B $216.30$
Paasche Price Index Number
$P_{01}^{p} = \frac{Σ P_{1} Q_{1}}{Σ P_{0} Q_{1}} \times 100 = \frac{398}{184} \times 100 = 216.30$ .

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