Solveeit Logo

Question

Mathematics Question on Statistics

The prices and the quantities of three commodities are given are :

CommodityPrice (₹)Quantities
in Year
2006in Year
2009in Year
2006in Year
2009
P10090
Q80xx
R6050

The Laspeyre's price index number for year 2009 with year 2006 as base is 200. The value of xx is:

A

320

B

360

C

140

D

260

Answer

360

Explanation

Solution

The correct option is (B):360