Question 43 of 43
Q.
- Solve : . OR
- Calculate the Laspeyre's, Paasche's and Fisher's price index numbers for the following data. Interpret on the data.
| Commodities | Price 2000 | Price 2010 | Quantity 2000 | Quantity 2010 |
|---|---|---|---|---|
| Rice | 38 | 35 | 6 | 7 |
| Wheat | 12 | 18 | 7 | 10 |
| Rent | 10 | 15 | 10 | 15 |
| Fuel | 25 | 30 | 12 | 16 |
| Miscellaneous | 30 | 33 | 8 | 10 |
Tamil Nadu DgeTamil Nadu HSC (DGE) Commerce Board 2026Subjective· 5mImportance★★★★★
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Part (a) —
Step 1 — Complementary function. Auxiliary equation (repeated):
Step 2 — Particular integral for . Here and is a double root, so use :
Step 3 — Particular integral for (i.e. ):
Step 4 — General solution:
Part (b) — Laspeyre's, Paasche's and Fisher's index numbers
Step 1 — Required sums:
| Commodity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rice | 38 | 35 | 6 | 7 | 210 | 228 | 245 | 266 |
| Wheat | 12 | 18 | 7 | 10 | 126 | 84 | 180 | 120 |
| Rent | 10 | 15 | 10 | 15 | 150 | 100 | 225 | 150 |
| Fuel | 25 | 30 | 12 | 16 | 360 | 300 | 480 | 400 |
| Misc. | 30 | 33 | 8 | 10 | 264 | 240 | 330 | 300 |
| Total | 1110 | 952 | 1460 | 1236 |
Step 2 — Laspeyre's index (base-year weights): …
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