In 1996 the average price of a commodity was 20% more than in 1995 but 20% less than in 1994; and more over it was 50% more than in 1997 to price…

CA Foundation · Quantitative Aptitude · MTP · June 2024
In 1996 the average price of a commodity was 20% more than in 1995 but 20% less than in 1994; and more over it was 50% more than in 1997 to price relatives using 1995 as base (1995 price relative 100) Reduce the data is :
(A) A. 150, 100, 120, 80 for (1994-97)
(B) B. 135, 100, 125, 87 for (1994-97)
(C) C. 140, 100, 120, 80 for (1994–97)
(D) D. None of these.

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. 150, 100, 120, 80 for (1994-97)

Topics: Part-C: Statistics

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