Index NumbersPYQ Sep 24Question 3895 of 187
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During a certain period the cost of living index goes up from 110\displaystyle 110 to 200\displaystyle 200 and the salary of a worker is also raised from 330\displaystyle 330 to 500\displaystyle 500. Then in the real terms, the raise in salary is effectively-

Options

AGain by 75\displaystyle 75
BGain by 50\displaystyle 50
CLoss by 90\displaystyle 90
DLoss by 50\displaystyle 50
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Correct Answer

Option dLoss by 50\displaystyle 50

All Options:

  • AGain by 75\displaystyle 75
  • BGain by 50\displaystyle 50
  • CLoss by 90\displaystyle 90
  • DLoss by 50\displaystyle 50

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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