Question 36 of 45
Q.
The chain base index numbers of sales of a certain type of scooter from the year 2020 to 2024 are as follows. Find fixed base index numbers :
| Year | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Index Number of Sale | 110 | 112 | 109 | 108 | 105 |
Gujarat GsebGujarat Board (GSEB) HSC Commerce Board 2025Subjective· 3mImportance★★★★★
80% · 36/45 Questions
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Start your 14-day free trial to unlock the full solution →Chaining forward with F.B.I. (2020 base ): 110, 123.20, 134.29, 145.03, 152.28.
GSEB Class-12 Statistics, Index Number:
To convert chain base index (C.B.I.) numbers to fixed base index (F.B.I.) numbers, keep the first year's index as the base and chain forward:
| Year | C.B.I. | Fixed base index (F.B.I.) |
|---|---|---|
| 2020 | 110 | (base) |
| 2021 | 112 |
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