CUET and UG exam CUET UG 2025 Mock Test Series Mathematics Differential Calculus Applications of Derivatives
Consider the given statements -
(i) "Simple average of price relative method" is a kind of "weighted index numbering method".
(ii) The index number for the base year is always 100.
(iii) If the price index is 25 then the prices have increased by 25%.
(iv) If the price index is 75 then the prices have decreased by 25%
1
(i),(ii) and (iv)
2
(ii) only
3
(ii) and (iii)
4
(ii) and (iv)