Index NumbersPYQ Sep 24Question 3820 of 167
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The value index is equal to:

Options

AThe total sum of the values of a given year plus the sum of the values of the base year
BThe total sum of the values of a given year multiplied by the sum of the values of the base year
CThe total sum of the values of a given year divided by the sum of the values of the base year
DThe total sum of the values of a given year minus the sum of the values of the base year
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Correct Answer

Option cThe total sum of the values of a given year divided by the sum of the values of the base year

All Options:

  • AThe total sum of the values of a given year plus the sum of the values of the base year
  • BThe total sum of the values of a given year multiplied by the sum of the values of the base year
  • CThe total sum of the values of a given year divided by the sum of the values of the base year
  • DThe total sum of the values of a given year minus the sum of the values of the base year

About This Chapter: Index Numbers

Paper

Paper 3: Quantitative Aptitude

Weightage

4-6 Marks

Key Topics

Construction of Index Numbers, Time Series

This chapter covers Construction of Index Numbers, Time Series and is part of Paper 3: Quantitative Aptitude in the CA Foundation exam.

View Official ICAI Syllabus

Exam Strategy Tip

This topic carries 4-6 Marks weightage. Focus on understanding core concepts rather than memorizing.

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