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P_L = \frac{\sum (p_{n}\cdot q_{0})}{\sum (p_{0}\cdot q_{0})}.

(not sure)

Helloween Knows but She doesn`t want to share the Laspyers Solution

need solution....

ECO402 Assignment#01 Solution 

See the attached file please

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Laspeyres Method???

a)

 

2012

      Wheat                                                      Potato                                                      Petrol                                       

169.62/169.62 X 275.00= 275

=35.63

103.42

 

2013

=274.83

=432

=214.7

 

2014

=257

=902.72

=188.37

b)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

 

 

Base Year

2012

 

Current Year      

2014

 

Commodities

Wheat

275.00

10 KG

335.50

3355

2750

Potato

35.63

1 KG

69

69

69

Petrol

103.42

1 Lt

104.10

103.42

103.42

 

 

 

 

3527.42

2922.42

 

==3527.42/292242 X 100 =120 %

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