What percentage does the index increase

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Apparent consumption and average fruit prices in Brisbane in 2010 and 2016 are summarized in the following table.

Find Laspayres Index for 2016, using 2010 as a base category. By what percentage does the Index increase? 

Fruits

Price Kg ($)

Per capita annual consumption (Kg)

2010

2016

2010

2016

Apple

6.5

7.89

33

45

Orange

5.4

4.9

10.8

25

Pear

4.2

5.4

30.8

35

 

 

Reference no: EM133081754

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