If the quantities of current time period are taken as weights, the weighted aggregative index is called Passche’s Price Index. Since Passche’s Price Index is calculated by taking current year quantities as base therfore it is also called current year quantity weight method. Mostly, the index indicates downward trend and inclines to be lower than it should be. The formula for calculating Passche’s Price Index is given as:
Problem: Calculate price index using Paasche formula

Take 1986 as base year

Chain base method
Solution:
Fixed Base Method
Chain Base Method
Summary of the Results
A very useful informative site, I am student of C.a and this site help me alot
Dis sit is very good and reliable
Very good sit nd reliable,for good student
helpful site.THANK YOU
extremely of immense benefit…thanks a lot !!!
Very good site
this is a very helping site fore students