Index NumbersMTP Sep 24 Series IIQuestion 3936 of 167

If the index number of prices at a place in 2018 is 280 with 2008 as base year, then the prices have increased on average by

A280%

B180%

C380%

DNone of these

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Correct Answer

✅ Option b — 180%

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.

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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