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Mathematics Mock Test - 2

Index Numbers Questions

7 Index Numbers questions from Mathematics Mock Test - 2 with detailed answers and explanations. Free previous year questions and MCQs.

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Years:2026 (7)

Index Numbers โ€” Mathematics Mock Test - 2(1โ€“7 of 7)

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Q1mediummcqMathematicsMathematics Mock Test - 62026
13% accuracy
Fisher's index number is the:
Q2mediummcqMathematicsMathematics Mock Test - 62026
4% accuracy
The index number for the price of diesel in was and in it was , with as the base year. What is the percent increase in the price of diesel from to ?
Q3mediummcqMathematicsMathematics Mock Test - 12026
9% accuracy
Consider the following statements regarding index numbers:(i) Simple average of price relative is a weighted index numbering method.(ii) The index number for the base year is always 100.(iii) If the price index is 25, then the prices have increased by 25%.(iv) If the price index is 75, then the prices have decreased by 25%.Which of the statements are correct?
Q4mediummcqMathematicsMathematics Mock Test - 12026
18% accuracy
Calculate the index number using the simple average of price relative method for the data below, taking 2010 as the base year:ItemPrice in 2010Price in 2015A100140B80120C160200D220385E112112
Q5mediummcqMathematicsMathematics Mock Test - 22026
0% accuracy
Using the base year 1985, the index number calculated by the simple aggregate method for four items (A, B, C, D) is . Given:Prices in 1985: Prices in 1986: Find the value of .
Q6mediummcqMathematicsMathematics Mock Test - 42026
0% accuracy
If , , and , then Fisher's ideal index number is:
Q7mediummcqMathematicsMathematics Mock Test - 42026
0% accuracy
The index number calculated for the data below by simple weighted aggregate method is 110.| Item | Price (Current) | Price (Base) | Weights || :--- | :--- | :--- | :--- || A | | 4 | 60 || B | 3 | 2 | || C | 2 | 3 | 40 |Given , then the value of will be:

Mathematics Mock Test - 2 Index Numbers โ€” FAQ

How many Index Numbers questions come in Mathematics Mock Test - 2?โ–ผ
Our database has 7 Index Numbers questions from Mathematics Mock Test - 2 covering 2026 to 2026.
What difficulty are Mathematics Mock Test - 2 Index Numbers questions?โ–ผ
The 7 Mathematics Mock Test - 2 Index Numbers questions include 0 easy, 7 medium and 0 hard level questions.
Where can I find more Index Numbers questions for other exams?โ–ผ
Visit /tag/index-numbers to see all Index Numbers questions across all exams including Mathematics Mock Test - 6, Mathematics Mock Test - 1, Mathematics Mock Test - 4.