alleryStart learning →The CPI rises from 200 to 210 over a year. What is the inflation rate?
- 10%
- 4.5%
- 5%
- 21%
Show answer and solution
Correct answer: C. 5%
The change of 10 on a base of 200 is 5 percent.
CA Foundation Index Numbers — practice questions — page 3
Explore 63 free Index Numbers questions in CA Foundation Quantitative Aptitude. Open each question or exercise to read its content, reference answers and available explanation.
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Showing questions 61–63 of 63.
The CPI rises from 200 to 210 over a year. What is the inflation rate?Read the answer and worked solution →Over a year the CPI goes from 125 to 150. By what percent have prices risen?Read the answer and worked solution →If the price index is 125 (base 100), what is a rupee's purchasing power relative to base?Read the answer and worked solution →
Worked practice questions
Over a year the CPI goes from 125 to 150. By what percent have prices risen?
- 30%
- 15%
- 25%
- 20%
Show answer and solution
Correct answer: D. 20%
The rise of 25 over a starting level of 125 is 20 percent.
If the price index is 125 (base 100), what is a rupee's purchasing power relative to base?
- Rs 1.00
- Rs 0.80
- Rs 1.25
- Rs 0.75
Show answer and solution
Correct answer: B. Rs 0.80
Purchasing power is the reciprocal of the price level, 100/125 = Rs 0.80.
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