Mathematics · Index Numbers
A company is analyzing cost trends using a price index. The current index value is 160 (Base Year = 100), and the corresponding current nominal cost is $2,000. If the price index falls to 120, what is the 'real' cost deflated/adjusted to the index level of 120?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1$2,400
- 2$1,800
- 3$1,500✓
- 4$1,000
Correct answer
$1,500
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Index Numbers MCQs →Want more practice questions on Index Numbers?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Index Numbers