If the price index for 2020 with base 2015 is 125, and for 2025 with base 2020 is 120, the index for 2025 with base 2015 using chain method is: MCQ with Answer and Explanation

If the price index for 2020 with base 2015 is 125, and for 2025 with base 2020 is 120, the index for 2025 with base 2015 using chain method is:
A. 145
B. 150
C. 125 × 1.2 = 150
D. 140
Answer: Option C
Solution (By JKSSB Mock Tests)
Chain index = 125 × (120/100) = 125 × 1.2 = 150.

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