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Question

Mathematics Question on Arithmetic Mean

Fisher's price index number is:

A

A.M. of Laspeyre's and Paasche's index

B

G.M. of Laspeyre's and Paasche's index

C

H.M. of Laspeyre's and Paasche's index

D

Average of Laspeyre's and Paasche's index

Answer

G.M. of Laspeyre's and Paasche's index

Explanation

Solution

The correct option is(B):G.M. of Laspeyre's and Paasche's index