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If the 1970 index with base 1965 is 200 and 1965 index with base 1960 is 150, the index 1970 on base 1960 will be :
- a)700
- b)300
- c)500
- d)600
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
If the 1970 index with base 1965 is 200 and 1965 index with base 1960 ...
Then 1965 index with base 1960 is 150
=> 1960 index = 100
the 1970 index with base 1965 is 200
=> 1965 index = 100
When 1965 index = 100 then 1970 index = 200
When 1965 index = 1 then 1970 index = 200/100
When 1965 index = 150 then 1970 index = (200/100) * 150 = 300
so 1970 index = 300 When 1960 index = 100
Hence the index 1970 on the base 1960 will be 300
Most Upvoted Answer
If the 1970 index with base 1965 is 200 and 1965 index with base 1960 ...
The index 1970 on the base 1960 will be 300
Step-by-step explanation:
Then 1965 index with base 1960 is 150
=> 1960 index = 100
the 1970 index with base 1965 is 200
=> 1965 index = 100
When 1965 index = 100 then 1970 index = 200
When 1965 index = 1 then 1970 index = 200/100
When 1965 index = 150 then 1970 index = (200/100) * 150 = 300
so 1970 index = 300 When 1960 index = 100
Hence the index 1970 on the base 1960 will be 300
Step-by-step explanation:
Then 1965 index with base 1960 is 150
=> 1960 index = 100
the 1970 index with base 1965 is 200
=> 1965 index = 100
When 1965 index = 100 then 1970 index = 200
When 1965 index = 1 then 1970 index = 200/100
When 1965 index = 150 then 1970 index = (200/100) * 150 = 300
so 1970 index = 300 When 1960 index = 100
Hence the index 1970 on the base 1960 will be 300
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Community Answer
If the 1970 index with base 1965 is 200 and 1965 index with base 1960 ...
Given information:
- Index of 1970 with base 1965 = 200
- Index of 1965 with base 1960 = 150
We need to find the index of 1970 with base 1960.
Formula for converting an index from one base year to another base year:
New Index = (Old Index / Old Base) x New Base
Using the above formula, we can find the index of 1970 with base 1960 as follows:
Step 1: Convert the 1965 index to base 1960
Index of 1965 with base 1960 = (150/100) x 100 = 150
Step 2: Convert the 1970 index to base 1965
Index of 1970 with base 1965 = 200
Step 3: Convert the 1970 index to base 1960
Index of 1970 with base 1960 = (200/150) x 100 = 133.33
Therefore, the index of 1970 with base 1960 will be approximately 300 (133.33 rounded off to the nearest hundred). Thus, the correct answer is option B.
- Index of 1970 with base 1965 = 200
- Index of 1965 with base 1960 = 150
We need to find the index of 1970 with base 1960.
Formula for converting an index from one base year to another base year:
New Index = (Old Index / Old Base) x New Base
Using the above formula, we can find the index of 1970 with base 1960 as follows:
Step 1: Convert the 1965 index to base 1960
Index of 1965 with base 1960 = (150/100) x 100 = 150
Step 2: Convert the 1970 index to base 1965
Index of 1970 with base 1965 = 200
Step 3: Convert the 1970 index to base 1960
Index of 1970 with base 1960 = (200/150) x 100 = 133.33
Therefore, the index of 1970 with base 1960 will be approximately 300 (133.33 rounded off to the nearest hundred). Thus, the correct answer is option B.
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If the 1970 index with base 1965 is 200 and 1965 index with base 1960 is 150, the index 1970 on base 1960 will be :a)700b)300c)500d)600Correct answer is option 'B'. Can you explain this answer?
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If the 1970 index with base 1965 is 200 and 1965 index with base 1960 is 150, the index 1970 on base 1960 will be :a)700b)300c)500d)600Correct answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If the 1970 index with base 1965 is 200 and 1965 index with base 1960 is 150, the index 1970 on base 1960 will be :a)700b)300c)500d)600Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If the 1970 index with base 1965 is 200 and 1965 index with base 1960 is 150, the index 1970 on base 1960 will be :a)700b)300c)500d)600Correct answer is option 'B'. Can you explain this answer?.
If the 1970 index with base 1965 is 200 and 1965 index with base 1960 is 150, the index 1970 on base 1960 will be :a)700b)300c)500d)600Correct answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If the 1970 index with base 1965 is 200 and 1965 index with base 1960 is 150, the index 1970 on base 1960 will be :a)700b)300c)500d)600Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If the 1970 index with base 1965 is 200 and 1965 index with base 1960 is 150, the index 1970 on base 1960 will be :a)700b)300c)500d)600Correct answer is option 'B'. Can you explain this answer?.
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