You are on page 1of 21

The prices of a pair of shoes in 2003 and

2004 are RM80 and RM96 respectively.


Calculate the index in 2004 given that 2003
is the base year.

The price of a graph book was 90 sen in


1999. Its price became RM1.35 in 2003.
Calculate the price index of the graph book
in 2003 based on the year 1999.

P1999 90

P2003 135

135
I
100
90
= 150

The table shows the number of PMR candidates of SMK Bukit Kepayang
from 2000 to 2004.
year

2000

2001

2002

2003

2004

Number of
candicates

120

144

150

168

200

Calculate the index number of 2002 by using


(i) 2000 as base year
(ii) 2004 as base year

(i)

150
I
100
120
= 125

(ii)

150
I
100
200
= 75

The index numbers of a computer in


1995 and 2001 based on the year
1992 are 120 and 150 respectively.
If the price of the computer in 2001
was RM4200, find
(a)the price index of the computer in
2001 based on the year 1995,
(b)The prices of the computer in
1992 and 1995.

The index numbers of a computer in 1995 and 2001 based on the year
1992 are 120 and 150 respectively. If the price of the computer in 2001
was RM4200, find
(a) the price index of the computer in 2001 based on the year 1995.

I1995 /1992 120

I 2001/1992 150

P2001 RM 4200

I 2001/1995 ?
I1995 /1992

P1995
100 120
p1992
P1995

I 2001/1995

I 2001/1992

P2001
100 150
p1992

120

P1992
100

P2001

100
P1995

P2001
150
P1992
100
120
P1992
100

150

100
120

100

125

150

P1992
100

The index numbers of a computer in 1995 and 2001 based on


the year 1992 are 120 and 150 respectively. If the price of
the computer in 2001 was RM4200, find I
?
2001 / 1995

(a)the price index of the computer in 2001 based on the year


1995.

I1995 /1992 120 I 2001/1992 150


(a)

P2001 : 150% 4200


P1992 : 100% 100
4200 RM 2800
150
P1995 : 120% ?
P1992 : 100% RM 2800
P1992 : 100% RM 2800
P1995 : 120% 120
2800 RM 3360
100

P2001 4200
I 2001/1995

4200
100
3360

125

The index numbers of a computer in 1995 and 2001 based on


the year 1992 are 120 and 150 respectively. If the price of
the computer in 2001 was RM4200, find
(a)the price index of the computer in 2001 based on the year
1995.
I 2001/1995 ?

I1995 /1992 120


(a)

I 2001/1992 150 P2001 4200

I 2001/1992 150

I1995 /1992 120

P2001
100 150
P1992

P1995
100 120
P1992

4200
100 150
P1992

P1995
100 120
2800

P1992

4200

100
150
= RM2800

P1995 120 28
= RM 3360

I 2001/1995

4200
100
3360

125

The index numbers of a computer in 1995 and 2001 based on


the year 1992 are 120 and 150 respectively. If the price of
the computer in 2001 was RM4200, find
(b) The prices of the computer in 1992 and 1995.

I1995 /1992 120


Form (a)

I 2001/1992 150 P2001 4200


I 2001/1995 125

I 2001/ 1995 125


I 2001/1995

I 2001/1992

P2001
100 150
p1992

4200
100 125
P1995

4200
100 150
P1992

4200
100 P1995
125

4200
100 P1992
150

P1995 RM 3360

P1995 RM 2800

The table shows the price per kg of 3 types of fish: P, Q


and R in the years 1995 and 1999.
Types
of
fish

Price
1995

1999

Price index
in 1999
(base year = 1995)

RM1.20

RM1.60

RM2.30

110

RM0.60

102

Find the values of x, y and z.

Types
of
fish

Q,

Price

Price index
in 1999
(base year = 1995)

1995

1999

RM1.20

RM1.60

RM2.30

110

RM0.60

102

I1999 / 1995

2.30
100 110
x
2.30
100 x
110
x RM 2.09

R,

y
100 102
0.60
102
y
0.60
100
y RM 0.61
y RM 0.612
wrong

P,

1.60
z
100
1.20
133 13

I i wi
I
wi

I1 w1 I 2 w2 I 3 w3

w1 w2 w3

I = Index number
w = weightage

I i wi
I
wi

I1 w1 I 2 w2 I 3 w3
w1 w2 w3

Calculate the composite index for the table below.


a

things

index weightage

100

120

145

100(4) 120(2) 145(4)


424

122

I i wi
I
wi

I1 w1 I 2 w2 I 3 w3
w1 w2 w3

Calculate the composite index for the table below.


b

things

index weightage

105

150

210

163.75

I i wi
I
wi

I1 w1 I 2 w2 I 3 w3
w1 w2 w3

Calculate the composite index for the table below.


c

things

index weightage

110

130

142

129.56

vegetables

Price in
1995

Price in
1998

weightage

RM 4.00

RM 8.00

RM 6.00

RM 9.00

RM 7.50

RM 8.50

RM 8.00 RM 10.50

IA

8.00
100 200
4.00

IB
IC

9.00
100 150
6.00

8.50

100 113 13
7.50

ID

10.50
100 131.25
8.00

The table shows the price per kg of four


types of vegetables in 1995 and 1998
and the corresponding weightages.
By using 1995 as the base year, find
(a) The price index of vegetables A, B, C
and D in 1998,
(b) the composite index of 1998.

200(4) 150(3) 113 13 (7) 131.25(6)


43 7 6
2830 56
20

141 13
24

Things

Price
index

weightage

Shirt

120

Trousers

105

The table shows the price indeices and the


weightages of four things in 1997 based
on the year 1992. Given that the
composite index of 1997 is 127.
Calculate

Bag

140

(a) The value of m,

shoes
Shoes

150
150

(b) the price of a pair of shoes in 1997 if its


price in 1992 is RM 60. P
RM 60
1992

120(m) 105(8) 140(4) 150(6)


m8 46

127

120m 2300
127
m 18
120m 2300 127 m 2286
2300 2286 127 m 120m
7 m 14

m2

P1997
100 150
60
P1997

150 60

100
90

component
s

Price in

Price in

1998

2002

Price index in 2002


(1998 is the base year)

wP 90

wQ 60

w 360

(a) x= RM0.60

y=140

z = RM3.30

(b) 143.54

(d) 186.6

(c)RM358.85

Test
Table 4 showe the prices and the price indices of five
components P, Q, R, S and T, used to produce a kind of toy.
Diagram 6 shows a pie chart which represents the relative
quantity of components used.
components

Price(RM)
in 2004

Price (RM)
in 2006

Price index for the


year 2006 based
on the year 2004

1.20

1.50

125

2.20

110

4.00

6.00

150

3.00

2.70

2.00

2.80

140

components

Price(RM)
in 2004

Price (RM)
in 2006

Price index for the


year 2006 based
on the year 2004

1.20

1.50

125

2.20

110

4.00

6.00

150

3.00

2.70

2.00

2.80

140

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

[3 marks]

(b) Calculate the composite index for the production cost of the
toys in the year 2006 based on the year 2004.
[3 marks]
(c)The price of each component increases by 20% from the
year 2006 to the year 2008.
Given that the production cost of one toy in the year 2004 is
RM55, calculate the corresponding cost in the year 2008.

You might also like