Index NumbersPYQ Sep 24Question 3894 of 187
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The consumer price index for the year 2023\displaystyle 2023 is 273\displaystyle 273 with 2010\displaystyle 2010 as base year. The average monthly wages of industrial worker in year 2023\displaystyle 2023 is 8,190\displaystyle 8,190. What is the real wage?

Options

A3,000\displaystyle 3,000
B2,800\displaystyle 2,800
C3,200\displaystyle 3,200
D3,400\displaystyle 3,400
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Correct Answer

Option a3,000\displaystyle 3,000

All Options:

  • A3,000\displaystyle 3,000
  • B2,800\displaystyle 2,800
  • C3,200\displaystyle 3,200
  • D3,400\displaystyle 3,400

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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