7 Index Numbers questions from Mathematics Mock Test - 2 with detailed answers and explanations. Free previous year questions and MCQs.
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Index Numbers โ Mathematics Mock Test - 2(1โ7 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 2015 was 125 and in 2016 it was 140, with 2011 as the base year. What is the percent increase in the price of diesel from 2015 to 2016?
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 125. Given:Prices in 1985: 75,85,ฮฑ,100 Prices in 1986: 90,115,75,ฮฒ Find the value of (4ฮฒโ5ฮฑ).
Q6mediummcqMathematicsMathematics Mock Test - 42026
0% accuracy
If โp0โq0โ=160, โp0โq1โ=250, โp1โq0โ=200 and โp1โq1โ=288, 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 | p | 4 | 60 || B | 3 | 2 | q || C | 2 | 3 | 40 |Given 60p+3q=360, then the value of p will be:
Mathematics Mock Test - 2 Index Numbers โ FAQ
How many Index Numbers questions come in Mathematics Mock Test - 2?โผ
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?โผ
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?โผ
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.