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CISCEISC (Commerce) Class 11
Question Papers17
Concept Notes & Videos196
Syllabus

Revision: Index Numbers and Moving Averages >> Index Numbers Mathematics ISC (Commerce) Class 11 CISCE

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Key Points

Key Points: Price Index Number
  • Shows change in prices
  • Formula: (Σp₁ / Σp₀) × 100
  • Σp₀ = Base year total prices
  • Σp₁ = Current year total prices
  • Example: 300 / 220 × 100 = 136.36
  • Prices increased by 36.36%

Concepts [5]

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