Index NumbersMTP Mar 22Question 3912 of 167

Suppose a business executive was earning $2,050$ in the base period. What should his salary in the current period for his standard of living to remain the same? Given $\sum W = 25$ and $\sum IW = 3544$.

A$2096$

B$2906$

C$2106$

D$2306$

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Correct Answer

✅ Option b — $2906$

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.

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