Index NumbersMTP Dec 23 Series IIQuestion 3925 of 167
All Questions

If $\sum P_1 Q_1 = 249$, $\sum P_0 Q_0 = 150$ Paasche's Index Number $= 150$ and Dorbish and Bowley's Index Number $= 145$, then the Fisher's Ideal Index Number is

Options

A$175$
B$144.91$
C$145.97$
DNone of these
For any discrepancies in this question, email contact@cadada.in

Correct Answer

✅ Option b — $144.91$

All Options:

  • A$175$
  • B$144.91$
  • C$145.97$
  • 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

Index Number

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

Related Comparison Tables

Cardinal vs Ordinal Utility: Measuring Satisfaction

More Questions from Index Numbers

The number of tests of Adequacy

Fishers' Ideal Index number is

Time reversal and factor reversal are:

A series of numerical figures which show the relative position is called

The number of test of Adequacy is:

$P_{01}$ is the index for time

Ready to Master Index Numbers?

Practice all 167 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.

Start Practicing — It's Free