2 Index Numbers questions from Mathematics Mock Test - 1 with detailed answers and explanations. Free previous year questions and MCQs.
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Years:2026 (2)
Index Numbers — Mathematics Mock Test - 1(1–2 of 2)
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Q1mediummcqMathematicsMathematics 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?
Q2mediummcqMathematicsMathematics 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
Mathematics Mock Test - 1 Index Numbers — FAQ
How many Index Numbers questions come in Mathematics Mock Test - 1?▼
Our database has 2 Index Numbers questions from Mathematics Mock Test - 1 covering 2026 to 2026.
What difficulty are Mathematics Mock Test - 1 Index Numbers questions?▼
The 2 Mathematics Mock Test - 1 Index Numbers questions include 0 easy, 2 medium and 0 hard level questions.
Where can I find more Index Numbers questions for other exams?▼
Visit /tag/index-numbers to see all Index Numbers questions across all exams including Mathematics Mock Test - 6, Mathematics Mock Test - 4, Mathematics Mock Test - 2.