Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

The wholesale price index (or price relative ) of rice in 2018 compared to 2014 is 150. If the cost of rice was ₹16 per kg in 2014, then per kg cost of rice in 2018 is :

Options:

₹22

₹24

₹20

₹28

Correct Answer:

₹24