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The index number of prices at a place in 1998 is 355 with 1991 as base. This meansa)There has been on the average a 255% increase in prices.b)There has been on the average a 355% increase in price.c)There has been on the average a 250% increase in price.d)None of these.Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The index number of prices at a place in 1998 is 355 with 1991 as base. This meansa)There has been on the average a 255% increase in prices.b)There has been on the average a 355% increase in price.c)There has been on the average a 250% increase in price.d)None of these.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The index number of prices at a place in 1998 is 355 with 1991 as base. This meansa)There has been on the average a 255% increase in prices.b)There has been on the average a 355% increase in price.c)There has been on the average a 250% increase in price.d)None of these.Correct answer is option 'A'. Can you explain this answer?.

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