The consumer price index in $1980$ increases by $80$ per cent as compared to the base $1980$. A person in $1980$ getting $60,000$ per annum should now get

The correct answer is Option b: $72,000$ per annum. MTP June 24 Series II

Index NumbersMTP June 24 Series IIQuestion 3932 of 187

The consumer price index in $\displaystyle 1980$ increases by $\displaystyle 80$ per cent as compared to the base $\displaystyle 1980$ . A person in $\displaystyle 1980$ getting $\displaystyle 60,000$ per annum should now get

\displaystyle 1,08,000

per annum

\displaystyle 72,000

per annum

\displaystyle 64,000

per annum

DNone of these

For any discrepancies in this question, email contact@cadada.in

✅ Option b — $\displaystyle 72,000$ per annum

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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