Question 18: A bakery used the following ingredients. The quantities and prices are given in the table below. 3) Calculate the Laspeyre index and the Paache index using 2015 as the base year (8 marks) b) What are the problems with accuracy of these types of indexes? (2 marks) Kg used 2015 Prices per Kg Kg used 2016 Prices per Kg 000's 2015 0003' 2016 Milk 3 1.20 4 1.50 Eggs 6 0.95 5 0.98 How 1 1.40 2 1.30 Sugar4 1.10 3 1.14