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Index Number (Pemulihan)

This document contains 7 problems involving calculating price indices, composite indices, and using indices to determine expenditure amounts in different years. The problems provide tables of price and expenditure data for various goods and years. They require calculating individual price indices, composite indices, and using indices to determine expenditure amounts across years.

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justin poh
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0% found this document useful (0 votes)
347 views5 pages

Index Number (Pemulihan)

This document contains 7 problems involving calculating price indices, composite indices, and using indices to determine expenditure amounts in different years. The problems provide tables of price and expenditure data for various goods and years. They require calculating individual price indices, composite indices, and using indices to determine expenditure amounts across years.

Uploaded by

justin poh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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1. Table below shows the prices, price indices and the weightage for Mr.

Loo’s various
expenditures.
expen Price Price index Weightage
diture 2000 2003
Food 900 1089 121 10
Transport x 480 120 5
Clothing 300 336 z 4
Utility 600 y 117 6
Rental 250 275 110 3
Find
(a) the value for x, y and z
(b) The composite index for the year 2003 using year 2000 as the based year.
(c) Mr. Loo’s monthly expenditure in year 2003 was RM4200.00. Find his
corresponding monthly expenditure in the year 2000.
Answer :[RM400, RM702, 112. 117.5 RM3574.47]

2. Table below shows the prices and the price indices for the four ingredients, P,Q,R and S,
used in making biscuits of a particular kind.

Ingredients Price per kg (RM) Price index for the


year 2004 based on
Year 2001 Year 2004 the year 2001
P 0.80 1.00 x
Q 2.00 y 140
R 0.40 0.60 150
S z 0.40 80
Diagram below show a pie chart which represents the relative amount of
the ingredients P,Q,R and S, used in making these biscuits.

(a) Find the value of x, y and z.


(b) (i) Calculate the composite index for the cost of making these biscuits in
the year 2004 based on the year 2001.
(ii) hence, calculate the corresponding cost of making these biscuits in the
year 2001 if the cost in the year 2004 was RM2985.
Answer (a) 125, 2.80, 0.50 (b) 129.44, RM2306.09
3. Table below shows the price indices and percentage of usage of four items, P,Q, R and S,
which are the main ingredients in the production of a type of biscuit.
Item Price index for the year 1995 Percentage of usage (%)
Based on the year 1993
P 135 40
Q x 30
R 105 10
S 130 20
Calculate
(i) the price of S in year 1993 if its price in the year 1995 is
RM37.70.
(ii) the price index of P in the year 1995 based on the year 1991 if
its price index in the year 1993 based on the year 1991 is 120.
(b) The composite index number of the lost of biscuit production for the year
1995 based on the year 1993 is 128,
Calculate
(i) the value of x
(ii) the price of a box of biscuit in the year 1993 if the
corresponding price in the year 1995 is RM32.00
Answer (a) RM29.00, 162, (b) 125, RM25.00

4. Table 4 shows the prices and the price indices of four ingredients, fish, flour,
salt and sugar, used to make a type of fish cracker.
Diagram 1 shows a pie chart which represents the relative quantity of the
ingredients used.
Ingredients Price (RM) per kg Price index
for the year for the year
2005 based
on the year
2004
2004 2005
Fish 3.00 4.50 150
Flour 1.50 1.80 h
Salt k 0.90 112.5
Sugar 1.40 1.47 105
(a) Find the value of h and of k. [2 marks]
(b) Calculate the composite index for the cost of making these crackers in the
year 2005 based on the year 2004. [3 marks]
(c) The composite index for the cost of making these crackers increases by 2O%
from the year 2005 to the year 2009.
Calculate
(i) the composite index for the cost of making these crackers in the year
2009 based on the year 2004,
(ii) the price of a box of these crackers in the year 2009 if its
corresponding price in the year 2004 is RM25. [5 marks]
Answers
a. h = 120 , k = 0.8 b. 126.4 c. (i) 189.6 (ii) 47.4
5. Table 5 shows the price indices and the weightages of Luqman’s monthly expenses in the year 2009
based in the year 2008.

Expenses Price index in 2009 based on 2008 Weightage


Rental 108 3
Food 120 4
Car installment 102 2
Miscellaneous 112 1
(a) If the expenses for miscellaneous in the year 2009 was RM 1 456 , find the
miscellaneous expenses in the year 2008. [2 marks]
(b) If the rental increases by 10% from the year 2009 to the year 2010,find the
price index for the rental in the year 2010 based on the year 2008.[2 marks]
(c) Calculate the composite index for the expenses in the year 2009 based on the
year 2008. [3 marks]
(d) The price index for food in the year 2010 based on the year 2009 is 105. If
the expenses on food in the year 2010 were RM3150, find the expenses on food
in the year 2008. [3 marks]
Answers : a) 1300 b) 118.8 c) 112 d) 2500

6. Table 6 below shows the price indices for four types of drinks, P, Q, R and S, at
a restaurant. Diagram 3 of a pie chart which represent the relative monthly
expenditure on the drinks P, Q, R, and S, at a restaurant in the year 2004.

Drinks Price index for the year 2007


Based on the year 2004
P 115
Q 105
R 130
S 121

Calculate
a. the expenditure on S as a percentage of the total monthly expenditure on
drinks in the year 2004, 25%
b. the expenditure on Q in the year 2004 if its expenditure in 2007 is RM 500
P = RM 476.19
c. the composite index for the monthly expenditure of the restaurant on drinks in
the year 2007 based on 2004. I = 118
d. monthly expenditure on drinks in the year 2007 if the monthly expenditure on
drinks in the year 2004 is RM 5 000 P = RM 5 900

7. Diagram 4 is a bar chart indicating the weekly cost of the items P, Q, R, S and T
for the year 1990. Table 7 shows the prices and the price indices for the items

Weekly Cost ( RM)

33

30

24

15

12

P Q R S T Items

Price in Price in 1995 Price Index in 1995


Items 1990 based on 1990
P x RM0.70 175
Q RM2.00 RM2.50 125
R RM4.00 RM5.50 y
S RM6.00 RM9.00 150
T RM2.50 z 120
(a) Find the value of
(i) x
(ii) y
(iii) z [3 marks]
(b) Calculate the composite index for the items in the year 1995 based on the
year 1990. [2 marks]
(c) The total monthly cost of the items in the year 1990 is RM456. Calculate the
corresponding total monthly cost for the year 1995 [2 marks]
(d) The cost of the items increase by 20% from the year 1995 to the year 2000.
Find the composite index for the year 2000 based on the year 1990. [3
marks]
Answers : a. (i) x = RM0.40 (ii) y = 137.5(iii) z = RM3.00 b.140.9 c. RM642.5 d. 169.1

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