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Assuming that an index number is 100 in 1968, in rises 37% in 1969, falls 1% in 1970& rises 2% in 1971, 3% in 1972. rise & fall begin with respect to the previous year Calculate the index for the five years, using 1972 as the base year.?
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Assuming that an index number is 100 in 1968, in rises 37% in 1969, fa...
, rises 5% in 1971, and falls 10% in 1972, what is the index number in 1972?
To solve this problem, we need to apply the percentage changes to the starting index number of 100 in 1968.
In 1969, the index rises 37%, so the new index is:
100 + (37% of 100) = 100 + 37 = 137
In 1970, the index falls 1%, so the new index is:
137 - (1% of 137) = 135.63 (rounded to two decimal places)
In 1971, the index rises 5%, so the new index is:
135.63 + (5% of 135.63) = 142.41 (rounded to two decimal places)
And finally, in 1972, the index falls 10%, so the new index is:
142.41 - (10% of 142.41) = 128.17 (rounded to two decimal places)
Therefore, the index number in 1972 is 128.17.
To solve this problem, we need to apply the percentage changes to the starting index number of 100 in 1968.
In 1969, the index rises 37%, so the new index is:
100 + (37% of 100) = 100 + 37 = 137
In 1970, the index falls 1%, so the new index is:
137 - (1% of 137) = 135.63 (rounded to two decimal places)
In 1971, the index rises 5%, so the new index is:
135.63 + (5% of 135.63) = 142.41 (rounded to two decimal places)
And finally, in 1972, the index falls 10%, so the new index is:
142.41 - (10% of 142.41) = 128.17 (rounded to two decimal places)
Therefore, the index number in 1972 is 128.17.
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Assuming that an index number is 100 in 1968, in rises 37% in 1969, fa...
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Assuming that an index number is 100 in 1968, in rises 37% in 1969, falls 1% in 1970& rises 2% in 1971, 3% in 1972. rise & fall begin with respect to the previous year Calculate the index for the five years, using 1972 as the base year.?
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Assuming that an index number is 100 in 1968, in rises 37% in 1969, falls 1% in 1970& rises 2% in 1971, 3% in 1972. rise & fall begin with respect to the previous year Calculate the index for the five years, using 1972 as the base year.? 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 Assuming that an index number is 100 in 1968, in rises 37% in 1969, falls 1% in 1970& rises 2% in 1971, 3% in 1972. rise & fall begin with respect to the previous year Calculate the index for the five years, using 1972 as the base year.? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Assuming that an index number is 100 in 1968, in rises 37% in 1969, falls 1% in 1970& rises 2% in 1971, 3% in 1972. rise & fall begin with respect to the previous year Calculate the index for the five years, using 1972 as the base year.?.
Assuming that an index number is 100 in 1968, in rises 37% in 1969, falls 1% in 1970& rises 2% in 1971, 3% in 1972. rise & fall begin with respect to the previous year Calculate the index for the five years, using 1972 as the base year.? 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 Assuming that an index number is 100 in 1968, in rises 37% in 1969, falls 1% in 1970& rises 2% in 1971, 3% in 1972. rise & fall begin with respect to the previous year Calculate the index for the five years, using 1972 as the base year.? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Assuming that an index number is 100 in 1968, in rises 37% in 1969, falls 1% in 1970& rises 2% in 1971, 3% in 1972. rise & fall begin with respect to the previous year Calculate the index for the five years, using 1972 as the base year.?.
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