In year $2005$, the whole sale price index number is $386$ with $1985$ as base year. By how much the prices have increased in $2005$ in comparison to $1995$?

The correct answer is Option a: $286\%$. MTP Nov 20

Index NumbersMTP Nov 20Question 3900 of 187

In year $\displaystyle 2005$ , the whole sale price index number is $\displaystyle 386$ with $\displaystyle 1985$ as base year. By how much the prices have increased in $\displaystyle 2005$ in comparison to $\displaystyle 1995$ ?

\displaystyle 286\%

\displaystyle 386\%

\displaystyle 86\%

\displaystyle 186\%

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✅ Option a — $\displaystyle 286\%$

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.

Exam Strategy Tip

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

A statistical device for measuring changes in the magnitude of a group of related variables (like prices or production) over time.

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