Correct Answer - Option 2 : 136
Given
Laspeyres and Bowley Price Indices are 124 and 130
Concept
According to Dorbish and bowley the simple arithmetic mean of two indices namely Laspeyres and Passche gives the Bowley price index
P01 = (L + P)/2
P01 = Bowley price indices
L = Laspeyres Index
P = Passche INDEX
Calculation
According to question
⇒ 130 = (124 + P)/2
⇒ 260 = 124 + P
⇒ P = 136
∴ The Paasche price index for the same data IS 136