NCERT · Class 11 · Economics · Index NumbersIndex numbers are expressed in:
Step-by-Step Solution
Index numbers are expressed in percentages, though the percentage sign (%) is usually omitted.
Detailed Options Breakdown
Option : Absolute numbers
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Index Numbers.
Option 1: Percentages (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: Ratios only
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Index Numbers.
Option 3: Degrees
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Index Numbers.
💡 Study Guide: This question tests core syllabus concepts from Index Numbers. For formulas, key summaries, and mock exam reference guides, read the full Index Numbers Revision Notes.