Download App

INDEX NUMBER — Statistics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceStatisticsINDEX NUMBER1 Mark
Question
Write the formula to find the rate of inflation.
✓

Answer

Rate of Inflation = $\frac{\text{Wholesale price index of current year} - \text{Wholesale price index of previous year}}{\text{Wholesale price index of previous year}} \times 100$

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Each" from INDEX NUMBER→INDEX NUMBER — all question types→Statistics STD 12 Commerce question papers→Gujarat Board STD 12 Commerce question papers→Gujarat Board question paper generator→

Similar questions

What is the main limitation of scatter diagram method ?
→
How will be the second order derivative of a function at $x=a$ if function is maximum at $x = a?$
→
If $\Sigma I W=33000$ and $\Sigma p_0 q_0=165$, find index number.
→
What is the maximum value of probability that an event $A$ occurs?
→
How are results of a dichotomous experiments?
→
Is index number an absolute measure or a relative measure ?
→
Write the modulus form for $0.5$ neighbourhood of $0 .$
→
Express $0.09$ neighbourhood of $0$ in interval form.
→
If $y$ is a function $x$ then how its differentiation can be shown?
→
Interprete $P(B / A)$.
→