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The price index of a commodity is 240. T...

The price index of a commodity is 240. Then, percentage increase in price of the commodity in current year as compared to the base year is

A

(a)0.4

B

(b)1.4

C

2.4

D

0.24

Text Solution

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The correct Answer is:
B
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Knowledge Check

  • The price index of a commodity is 140. Then, the percentage increase in price of the commodity in current year as compared to the base year is :

    A
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    B
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    B
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    C
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    D
    None of these

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    A
    20
    B
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    C
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    D
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