Index NumbersMTP Oct 21Question 3910 of 167
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Net monthly salary of an employee was $3,000$ in $1980$. The consumer price index number in $1985$ is $250$ with $1980$ as base year. If the has to be rightly compensated then, $7^{th}$ dearness allowances to be paid to the employee is

Options

A$4,800.00$
B$4,700.00$
C$4,500.00$
DNone of these.
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Correct Answer

Option c$4,500.00$

All Options:

  • A$4,800.00$
  • B$4,700.00$
  • C$4,500.00$
  • DNone of these.

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.

Key Concepts to Understand

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