Index Numbers and Time Based Data
CBSE · Class 12 · Applied Mathematics
Practice quiz for Index Numbers and Time Based Data — CBSE Class 12 Applied Mathematics. MCQs and questions with answers to test your preparation.
Sample Questions
If the price of rice was ₹40 per kg in 2020 and ₹50 per kg in 2023, what is the relative price index for 2023 with 2020 as the base year?
Calculate the simple aggregative price index for 2023 with 2020 as base year. Commodities: Rice (₹30 in 2020, ₹36 in 2023), Wheat (₹25 in 2020, ₹30 in 2023), Oil (₹100 in 2020, ₹120 in 2023).
Which of the following are characteristics of Laspeyres' Index? (Select all correct answers)
Calculate Laspeyres' price index for the data: Item A: p₀=₹10, p₁=₹12, q₀=5 units; Item B: p₀=₹20, p₁=₹25, q₀=3 units.
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What are the important topics in Index Numbers and Time Based Data for CBSE Class 12 Applied Mathematics?
Index Numbers and Time Based Data covers several key topics that are frequently asked in CBSE Class 12 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Index Numbers and Time Based Data — CBSE Class 12 Applied Mathematics?
Start by understanding all key concepts. Practise previous year questions from this chapter. Revise formulas and definitions regularly. Use flashcards for quick revision before the exam.
Sources & Official References
- NCERT Official — ncert.nic.in
- CBSE Academic — cbseacademic.nic.in
- CBSE Official — cbse.gov.in
- National Education Policy 2020 — education.gov.in
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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