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8 questions
Index Number can be related with ......
Economics
Price
Finance
Statistics
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RM
KG
KM
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The price of the house Sulaiman bought in the year 1998 was
RM 110000. In the year 2000, the price of the house went up to
RM 130000. Calculate the price index of the house for the year 2000 based on the year 1998.
118
118.18
118.20
119
In year 2007, a copy of newspaper was sold at RM1.20. However, in year 2008, a consumer has to pay RM1.50 for the same copy of newspaper. Calculate the price index of the newspaper for the year 2008 based on the year 2007
115
120
125
130
A factory produces 8000 cans of drink in the year 2000 and 12000 cans of drink in the year 2001. Calculate the index number for the production of cans of drink in year 2001 based on year 2000.
120
130
140
150
Product A
Price Index in year 2020 based on year 2019 = 140
Price at year 2019 = RM1.50
Price at year 2020 = ...........
200
205
210
215
Product B
Price Index in year 2020 based on year 2019 = 125
Price at year 2019 = ...............
Price at year 2020 = RM2.00
RM1.60
RM1.70
RM1.80
RM1.90
(HOTS)
Based on the year 1995, the index number of an oven for the years 1998 and 2001 are 110 and 130 respectively. Find the index number for the year 2001 based on the year 1998.
117.17
118.18
117.2
118.2
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