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The average price of certain commodities in 1980 was Rs. 60 and the average price of the same commodities in 1982 was Rs. 120. Therefore, the increase in 1982 on the basis of 1980 was 100%. 80 the decrease should have been 100% in 1980 using 1982, comment on the above statement is :a)The price in 1980 decreases by 60% using 1982 as base.b)The price in 1980 decreases by 50% using 1982 as base.c)The price in 1980 decreases by 90% using 1982 as base.d)None of these.Correct answer is option 'B'. 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 average price of certain commodities in 1980 was Rs. 60 and the average price of the same commodities in 1982 was Rs. 120. Therefore, the increase in 1982 on the basis of 1980 was 100%. 80 the decrease should have been 100% in 1980 using 1982, comment on the above statement is :a)The price in 1980 decreases by 60% using 1982 as base.b)The price in 1980 decreases by 50% using 1982 as base.c)The price in 1980 decreases by 90% using 1982 as base.d)None of these.Correct answer is option 'B'. 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 average price of certain commodities in 1980 was Rs. 60 and the average price of the same commodities in 1982 was Rs. 120. Therefore, the increase in 1982 on the basis of 1980 was 100%. 80 the decrease should have been 100% in 1980 using 1982, comment on the above statement is :a)The price in 1980 decreases by 60% using 1982 as base.b)The price in 1980 decreases by 50% using 1982 as base.c)The price in 1980 decreases by 90% using 1982 as base.d)None of these.Correct answer is option 'B'. Can you explain this answer?.

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Here you can find the meaning of The average price of certain commodities in 1980 was Rs. 60 and the average price of the same commodities in 1982 was Rs. 120. Therefore, the increase in 1982 on the basis of 1980 was 100%. 80 the decrease should have been 100% in 1980 using 1982, comment on the above statement is :a)The price in 1980 decreases by 60% using 1982 as base.b)The price in 1980 decreases by 50% using 1982 as base.c)The price in 1980 decreases by 90% using 1982 as base.d)None of these.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The average price of certain commodities in 1980 was Rs. 60 and the average price of the same commodities in 1982 was Rs. 120. Therefore, the increase in 1982 on the basis of 1980 was 100%. 80 the decrease should have been 100% in 1980 using 1982, comment on the above statement is :a)The price in 1980 decreases by 60% using 1982 as base.b)The price in 1980 decreases by 50% using 1982 as base.c)The price in 1980 decreases by 90% using 1982 as base.d)None of these.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for The average price of certain commodities in 1980 was Rs. 60 and the average price of the same commodities in 1982 was Rs. 120. Therefore, the increase in 1982 on the basis of 1980 was 100%. 80 the decrease should have been 100% in 1980 using 1982, comment on the above statement is :a)The price in 1980 decreases by 60% using 1982 as base.b)The price in 1980 decreases by 50% using 1982 as base.c)The price in 1980 decreases by 90% using 1982 as base.d)None of these.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of The average price of certain commodities in 1980 was Rs. 60 and the average price of the same commodities in 1982 was Rs. 120. Therefore, the increase in 1982 on the basis of 1980 was 100%. 80 the decrease should have been 100% in 1980 using 1982, comment on the above statement is :a)The price in 1980 decreases by 60% using 1982 as base.b)The price in 1980 decreases by 50% using 1982 as base.c)The price in 1980 decreases by 90% using 1982 as base.d)None of these.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The average price of certain commodities in 1980 was Rs. 60 and the average price of the same commodities in 1982 was Rs. 120. Therefore, the increase in 1982 on the basis of 1980 was 100%. 80 the decrease should have been 100% in 1980 using 1982, comment on the above statement is :a)The price in 1980 decreases by 60% using 1982 as base.b)The price in 1980 decreases by 50% using 1982 as base.c)The price in 1980 decreases by 90% using 1982 as base.d)None of these.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.