CA Foundation Exam > CA Foundation Questions > Bowley's index number is 150. Fisher's index ...
Start Learning for Free
Bowley's index number is 150. Fisher's index number is 149.95. Paasche's index number is
(a) 146.13 (b) 154 (c) 148 (d) 156?
(a) 146.13 (b) 154 (c) 148 (d) 156?
Most Upvoted Answer
Bowley's index number is 150. Fisher's index number is 149.95. Paasche...
Explanation of Index Numbers:
Bowley's Index Number (150):
- Bowley's index number is calculated by taking the geometric mean of the prices of a fixed basket of goods in two different time periods.
- In this case, the index number is 150, which indicates a 50% increase in prices from the base period.
Fisher's Index Number (149.95):
- Fisher's index number is calculated by taking the arithmetic mean of the Laspeyres and Paasche index numbers.
- In this case, the index number is 149.95, which is slightly lower than Bowley's index number, indicating a slight decrease in prices compared to the base period.
Paasche's Index Number (146.13):
- Paasche's index number is calculated by taking the ratio of the current period expenditure to the base period expenditure, using current period quantities and prices.
- The correct answer is (a) 146.13, which is lower than both Bowley's and Fisher's index numbers, indicating a decrease in prices compared to the base period.
Therefore, Paasche's index number of 146.13 suggests that prices have decreased compared to the base period, which is in line with the slight decrease indicated by Fisher's index number of 149.95.
Bowley's Index Number (150):
- Bowley's index number is calculated by taking the geometric mean of the prices of a fixed basket of goods in two different time periods.
- In this case, the index number is 150, which indicates a 50% increase in prices from the base period.
Fisher's Index Number (149.95):
- Fisher's index number is calculated by taking the arithmetic mean of the Laspeyres and Paasche index numbers.
- In this case, the index number is 149.95, which is slightly lower than Bowley's index number, indicating a slight decrease in prices compared to the base period.
Paasche's Index Number (146.13):
- Paasche's index number is calculated by taking the ratio of the current period expenditure to the base period expenditure, using current period quantities and prices.
- The correct answer is (a) 146.13, which is lower than both Bowley's and Fisher's index numbers, indicating a decrease in prices compared to the base period.
Therefore, Paasche's index number of 146.13 suggests that prices have decreased compared to the base period, which is in line with the slight decrease indicated by Fisher's index number of 149.95.
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
Question Description
Bowley's index number is 150. Fisher's index number is 149.95. Paasche's index number is (a) 146.13 (b) 154 (c) 148 (d) 156? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Bowley's index number is 150. Fisher's index number is 149.95. Paasche's index number is (a) 146.13 (b) 154 (c) 148 (d) 156? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Bowley's index number is 150. Fisher's index number is 149.95. Paasche's index number is (a) 146.13 (b) 154 (c) 148 (d) 156?.
Bowley's index number is 150. Fisher's index number is 149.95. Paasche's index number is (a) 146.13 (b) 154 (c) 148 (d) 156? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Bowley's index number is 150. Fisher's index number is 149.95. Paasche's index number is (a) 146.13 (b) 154 (c) 148 (d) 156? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Bowley's index number is 150. Fisher's index number is 149.95. Paasche's index number is (a) 146.13 (b) 154 (c) 148 (d) 156?.
Solutions for Bowley's index number is 150. Fisher's index number is 149.95. Paasche's index number is (a) 146.13 (b) 154 (c) 148 (d) 156? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Bowley's index number is 150. Fisher's index number is 149.95. Paasche's index number is (a) 146.13 (b) 154 (c) 148 (d) 156? defined & explained in the simplest way possible. Besides giving the explanation of
Bowley's index number is 150. Fisher's index number is 149.95. Paasche's index number is (a) 146.13 (b) 154 (c) 148 (d) 156?, a detailed solution for Bowley's index number is 150. Fisher's index number is 149.95. Paasche's index number is (a) 146.13 (b) 154 (c) 148 (d) 156? has been provided alongside types of Bowley's index number is 150. Fisher's index number is 149.95. Paasche's index number is (a) 146.13 (b) 154 (c) 148 (d) 156? theory, EduRev gives you an
ample number of questions to practice Bowley's index number is 150. Fisher's index number is 149.95. Paasche's index number is (a) 146.13 (b) 154 (c) 148 (d) 156? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Signup to solve all Doubts
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup