If the index number of prices at a place in 2018 is 280 with 2008 as base year, then the prices have increased on average by

CA Foundation · Quantitative Aptitude · MTP · September 2024
If the index number of prices at a place in 2018 is 280 with 2008 as base year, then the prices have increased on average by
(A) A. 280%
(B) B. 180%
(C) C. 380%
(D) D. None of these.

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. 180%

Topics: Part-C: Statistics

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