From the following data, compute
i. Laspeyre’s price index
ii. Paasche’s price index
Commodity |
Base period |
Current period |
||
Price (K) |
Quantity (kg) |
Price (K) |
Quantity (kg) |
|
A |
10 |
12 |
12 |
15 |
B |
7 |
15 |
5 |
20 |
C |
5 |
24 |
9 |
20 |
D |
16 |
5 |
14 |
5 |