Which of the following statements are correct ? (A) Index number are free from units (B) Index number represents specialised averages in percentage (C) P_01 = P_0/ P_1 x 100 (D) Index numbers are helpful in formulating and adopting appropriate economic policies Choose the **correct** answer from the options given below :

Question

Option 1: (A), (B), (D) Only

Option 2: (A), (C), (D) Only

Option 3: (B), (C) Only

Option 4: (B), (C), (D) Only

AfterBoards · Accepted Answer

The answer is '(A), (B), (D) Only'. View full solution:

Variable	Price - Base year	Price - Current year	Weights
X	50	60	5
Y	20	25	7
Z	30	40	4

CUET Mathematics 2023 22 May Shift 3 PYQs

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