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Corporate Finance · Quiz 1 · 26 Oct 2025 · September 2025 term

Question 17: A typical consumer basket in the economy of Pangia Islan…

Question 17

+4 marksOne correct option

A typical consumer basket in the economy of Pangia Island consists of 1 unit of clothes, 3 units of food and 2 units of fuel. In 2022, the price of clothes was Rs 200 per unit, the price of food was Rs 50 per unit and the price of fuel was Rs 75 per unit. In 2023, the price of clothes was Rs 180 per unit, the price of food was Rs 70 per unit and the price of fuel was Rs 80 per unit. In 2024, the price of clothes was Rs 220 per unit, the price of food was Rs 80 per unit and the price of fuel was Rs 100 per unit. Considering 2022 as base year, what was the CPI in 2024? (Note: CPI in base year =100)

  1. A

    100

  2. B

    110

  3. C

    120

  4. D

    132

Show answer

Correct answer

  • D

    132

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Question 17 of 25 in the IIT Madras BS Corporate Finance (Corporate Finance) Quiz 1 paper sat on 26 Oct 2025, in the September 2025 term (IIT M DEGREE AN EXAM QDB2 26 Oct 2025). It carries 4 marks.

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