Index NumbersMTP Mar 22Question 3911 of 167
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The index number for the year $2012$ taking $2011$ as the base year from the data given below by using simple average of price relative method isCommodity | A | B | C | D | EPrice in 2011 | 115 | 108 | 95 | 95 | 90Price in 2012 | 125 | 117 | 108 | 95 | 95

Options

A112
B117
C120
D111
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Correct Answer

✅ Option d — 111

All Options:

  • A112
  • B117
  • C120
  • D111

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

Index Number

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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