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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


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

(i) 150 (ii) 150


I= × 100 I= × 100
120 200
= 125 = 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
(b)the price index of the computer in
2001 based on the year 1995,
(c)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
(b) 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 = ?
P1995 P2001
I1995 /1992 = × 100 = 120 I 2001/1992 = × 100 = 150
p1992 p1992
120 150
P1995 = × P1992 P2001 = × P1992
100 100
P2001 150
× P1992
I 2001/1995 = × 100 = 100
× 100
P1995 120
100
× P1992
150
=
120
× 100 = 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 I =?
2001 / 1995
(b)the price index of the computer in 2001 based on the year
1995.

I1995 /1992 = 120 I 2001/1992 = 150 P2001 = 4200


(a) P2001 : 150% → 4200
P1992 : 100% → 100 × 4200 = RM 2800 I 2001/1995
150

P1995 : 120% → ? = 4200


3360
× 100
P1992 : 100% → RM 2800
= 125
P1992 : 100% → RM 2800
P1995 : 120% → 120
100
× 2800 = RM 3360
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 price index of the computer in 2001 based on the year
1995. I 2001/1995 = ?
I1995 /1992 = 120 I 2001/1992 = 150 P2001 = 4200
(a) I 2001/1992 = 150 I1995 /1992 = 120
P2001
×100 =150
P1995
×100 =120
I 2001/1995
P1992 P1992
4200
×100 = 150
P1995
×100 = 120
= 4200
3360
× 100
P1992 2800
4200 P1995 = 120 × 28 = 125
P1992 = ×100
150
= RM 3360
= RM2800
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 I 2001/1992 = 150 P2001 = 4200
Form (a)
I 2001/1995 = 125
P2001
I 2001/1992 = × 100 = 150
I 2001/ 1995 = 125 p1992
4200 4200
I 2001/1995 = × 100 = 125 × 100 = 150
P1995 P1992
4200 4200
× 100 = P1995 × 100 = P1992
125 150
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 Price Price index


of in 1999
fish 1995 1999 (base year = 1995)

P RM1.20 RM1.60 Z

Q X RM2.30 110

R RM0.60 Y 102

Find the values of x, y and z.


Types Price Price index
of in 1999
1995 1999
fish (base year = 1995)
P RM1.20 RM1.60 Z
Q X RM2.30 110
R RM0.60 Y 102
Q, R,
2.30 y
I1999 / 1995 = × 100 = 110 × 100 = 102 P,
x 0.60
1.60
2.30 102 z= × 100
×100 = x y= × 0.60 1.20
110 100
x = RM 2.09 y = RM 0.61 = 133 13

y = RM 0.612
wrong
∑ I i wi I1 w1 +I 2 w2 +I 3 w3
I= =
w1 +w2 +w3
∑ wi

I = Index number
w = weightage
∑ I i wi I1 w1 +I 2 w2 +I 3 w3
I= =
w1 +w2 +w3
∑ wi

Calculate the composite index for the table below.

a
things index weightage I =
100(4) +120(2) +145(4)
4 +2 +4
A 100 4
= 122
B 120 2
C 145 4
∑ I i wi I1 w1 +I 2 w2 +I 3 w3
I= =
w1 +w2 +w3
∑ wi

Calculate the composite index for the table below.

b
things index weightage
P 105 3
Q 150 4
R 210 5 163.75
∑ I i wi I1 w1 +I 2 w2 +I 3 w3
I= =
w1 +w2 +w3
∑ wi

Calculate the composite index for the table below.

c
things index weightage
X 110 4
Y 130 8
Z 142 6 129.56
Price in Price in weightage The table shows the price per kg of four
vegetables
1995 1998 types of vegetables in 1995 and 1998
and the corresponding weightages.
A RM 4.00 RM 8.00 4 By using 1995 as the base year, find
B RM 6.00 RM 9.00 3 (b) The price index of vegetables A, B, C
and D in 1998,
C RM 7.50 RM 8.50 7
(c) the composite index of 1998.
D RM 8.00 RM 10.50 6

8.00
IA = ×100 = 200 200( 4) +150(3) +113 13 (7) +131.25(6)
4.00 I=
4 +3 +7 +6
9.00
IB = ×100 = 150 2830 56
6.00 =
20
8.50
IC = ×100 = 113 13
7.50 = 141 13
24
10.50
ID = ×100 = 131.25
8.00
Things Price weightage The table shows the price indeices and the
index weightages of four things in 1997 based
on the year 1992. Given that the
Shirt 120 m composite index of 1997 is 127.
Trousers 105 8 Calculate

Bag 140 4 (b) The value of m,

shoes
Shoes 150
150 6 (c) 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) P1997


I=
m+8+ 4+ 6
= 127 × 100 = 150
60
120m + 2300
= 127 150 × 60
m +18 P1997 =
100
120m + 2300 = 127 m + 2286
2300 − 2286 = 127 m −120m = 90
7 m = 14
m=2
Price in Price in Price index in 2002
component
s 1998 2002 (1998 is the base year)

wP = 90

wQ = 60

∑ w = 360

(a) x= RM0.60 y=140 z = RM3.30


(b) 143.54 (c)RM358.85

(d) 186.6
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.

Price(RM) Price (RM) Price index for the


components in 2004 in 2006 year 2006 based
on the year 2004

P 1.20 1.50 125


Q X 2.20 110
R 4.00 6.00 150
S 3.00 2.70 Y
T 2.00 2.80 140
Price(RM) Price (RM) Price index for the
components in 2004 in 2006 year 2006 based
on the year 2004
P 1.20 1.50 125
Q X 2.20 110
R 4.00 6.00 150
S 3.00 2.70 Y
T 2.00 2.80 140

(a) Find the value of x and of y. [3 marks]


(a) Calculate the composite index for the production cost of the
toys in the year 2006 based on the year 2004. [3 marks]
(a)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.

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