New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    For two items, tea (1 kg) and sugar (1 kg), the prices

    in the year 2019 were ₹100 and ₹50, respectively, whereas the prices in the year 2020 were ₹125 and ₹60, respectively. The value of Laspeyres price index is:
    A 125.33 Correct Answer Incorrect Answer
    B 123.33 Correct Answer Incorrect Answer
    C 122.33 Correct Answer Incorrect Answer
    D 120.33 Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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