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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 ?
Verified 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
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Most Upvoted Answer
If the 1970 index with base 1965 is 200 and 1965 index with base 1960 ...
Introduction:
To find the index in 1970 on the base of 1960, we need to calculate the change in index from 1965 to 1970 and add it to the index in 1965 on the base of 1960.
Given Information:
- Index in 1970 with base 1965 = 200
- Index in 1965 with base 1960 = 150
Calculation:
To calculate the index in 1970 on the base of 1960, we need to determine the change in index from 1965 to 1970 and add it to the index in 1965 on the base of 1960.
Step 1: Calculate the change in index from 1965 to 1970
To calculate the change in index, we subtract the index in 1965 from the index in 1970.
Change in index = Index in 1970 - Index in 1965
Change in index = 200 - 150
Change in index = 50
Step 2: Add the change in index to the index in 1965 on the base of 1960
To find the index in 1970 on the base of 1960, we add the change in index to the index in 1965 on the base of 1960.
Index in 1970 on base 1960 = Index in 1965 on base 1960 + Change in index
Index in 1970 on base 1960 = 150 + 50
Index in 1970 on base 1960 = 200
Explanation:
The index in 1970 on the base of 1960 is 200. This means that the overall index has increased by 50 from 1965 to 1970. The base year represents a reference point, and the index indicates the relative change in a particular variable over time. By calculating the change in index and adding it to the index in 1965 on the base of 1960, we can determine the index in 1970 on the base of 1960.
Summary:
- Index in 1970 with base 1965 = 200
- Index in 1965 with base 1960 = 150
- Change in index from 1965 to 1970 = 50
- Index in 1970 on base 1960 = 200
To find the index in 1970 on the base of 1960, we need to calculate the change in index from 1965 to 1970 and add it to the index in 1965 on the base of 1960.
Given Information:
- Index in 1970 with base 1965 = 200
- Index in 1965 with base 1960 = 150
Calculation:
To calculate the index in 1970 on the base of 1960, we need to determine the change in index from 1965 to 1970 and add it to the index in 1965 on the base of 1960.
Step 1: Calculate the change in index from 1965 to 1970
To calculate the change in index, we subtract the index in 1965 from the index in 1970.
Change in index = Index in 1970 - Index in 1965
Change in index = 200 - 150
Change in index = 50
Step 2: Add the change in index to the index in 1965 on the base of 1960
To find the index in 1970 on the base of 1960, we add the change in index to the index in 1965 on the base of 1960.
Index in 1970 on base 1960 = Index in 1965 on base 1960 + Change in index
Index in 1970 on base 1960 = 150 + 50
Index in 1970 on base 1960 = 200
Explanation:
The index in 1970 on the base of 1960 is 200. This means that the overall index has increased by 50 from 1965 to 1970. The base year represents a reference point, and the index indicates the relative change in a particular variable over time. By calculating the change in index and adding it to the index in 1965 on the base of 1960, we can determine the index in 1970 on the base of 1960.
Summary:
- Index in 1970 with base 1965 = 200
- Index in 1965 with base 1960 = 150
- Change in index from 1965 to 1970 = 50
- Index in 1970 on base 1960 = 200
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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 ?
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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 ? 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 ? 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 ?.
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 ? 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 ? 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 ?.
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