fishers ideal index:
comm base yr current yr
price quant price quantity
A 4 3 6 2
B 5 4 0 4
C 7 2 9 2
D 2 3 1 5
Kindly provide the solution for tha above, i tried bt my answer nt matching with the answer given in module.
Menu
Fisher index no
Replies (4)
Laspeyer’s index =( ∑PnQ0)/ ( ∑P0Q0) *100 = (6*3+0*4 + 9*2 + 1*3) /(4*3 +5*4+7*2+2*3 ) = (39)/(52)*100 = ¾ *100 =75
Paasche’s index = ( ∑PnQn)/ ( ∑PnQn) *100= (6*2+0*4+9*2+1*5)/(4*2+5*4+7*2+2*5) = (35)/(52) = 3500/52 = 67.307
Fisher’s Index is the geometric mean of laspeyer’s and paashe’s index. Thus Fisher’s Index is √((3/4)*(35/52)) *100 = 71.05
L = EP1Q0/EP0Q0 * 100 = 18+10+18+3/12+20+14+6 * 100 = 39/52*100 = 75
P = EP1Q1/EP0Q1 * 100 = 12+0+18+5 /8+20+14+10 *100 = 35/52*100 = 67.31
F = ROOT L*P=ROOT75*67.31=71.05
even i gt the same answer bt the answer which is provided in module is 117.3 so confused..
The module that was given to us many errors so you should not be concerned about them getting an answer wrong
Recent Topic
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
- Which ITR form
- Form 103 id delayed for submission for more than 1
- Composition scheme
Related Topics
CAclubindia
