CA CPT Model Test Paper 9 with solutions for online practice

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Question : 193 of 199
 
Marks: +1, -0
Circular test, an index constructed for the year 'x' on the base year 'y' and for the year 'y' on the base year 'z' should yield the same result as an index constructed or 'x' on base year 'z' i.e. I01 × I12 × I20 equal is:
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