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Index Numbers — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsIndex Numbers1 Mark
MCQ
Index number represents the relative changes that are:
  • A
    Expressed in numbers.
  • ✓
    Expressed in percentage.
  • C
    Expressed as an average.
  • D
    Both (a) and (c).
✓

Answer

Correct option: B.
Expressed in percentage.
Expressed in percentage.

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