Example 14. Compute Fisher's ideal price and quantity index numbers for the current year on the basis of the following data: Base Year Current Year Item Price (in Rs.) Total Value (in Rs.) Price (in Rs.) Total Value (in Rs.) A 300 10 560 200 2 240 4 240 360 D 10 300 12 288 E 8 320 12 432

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Example 14. Compute Fisher's ideal price and quantity index numbers for the current year
on the basis of the following data:
Base Year
Current Year
Item
Price (in Rs.)
Total Value (in Rs.)
Pricę (in Rs.)
Total Value (in Rs.)
A
300
10
560
В
200
2
240
C
4
240
360
D
10
300
12
288
E
8
320
12
432
Transcribed Image Text:Example 14. Compute Fisher's ideal price and quantity index numbers for the current year on the basis of the following data: Base Year Current Year Item Price (in Rs.) Total Value (in Rs.) Pricę (in Rs.) Total Value (in Rs.) A 300 10 560 В 200 2 240 C 4 240 360 D 10 300 12 288 E 8 320 12 432
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