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+

INDEX NUMBER

1. The table shows the price of 3 types of goods: A, B and C in the year 2005 and 2006.

**Types of good Price Price index in 2006
**

2005 2006 (Base year = 2005)

A RM 1.20 RM 1.60 z

B x RM 2.30 110

C RM 0.60 y 102

Find the value of x, y and z.

2. Calculate the composite index for each of the following data

**Index number, I 120 110 105
**

Weightage, W 3 4 3

**3. (a) In the year 1995, the price for one kilogram of a certain grade of rice is RM2.40
**

Given that its price index for the year 1995 based on the year 1990 is 160 Calculate the price

per kilogram of the rice in the year 1990.

[2 marks]

**Item Price index in Change of price index from the year Weightage
**

the year 1994 1994 to the year 1996

Timber 180 Increased 10 % 5

Cement 116 Decreased 5 % 4

Iron 140 Unchanged 2

Steel 124 Unchanged 1

(b) Table above shows the price index in the year 1994 based on the year 1992, the change in

price index from the year 1994 to the year 1996 and the weightage respectively. Calculate

the composite price index in the year 1996.

. [3 marks]

Answer:. (a) 1.50 (b) Iwood = 198, Icement = 110.2; 152.9

**4) The composite index for the production cost of a certain type of toys in the year 2006
**

based on the year 2004 is 130. The productions cost of the toys then increases by

20% from the year 2006 to the year 2008.

Calculate the composite index of the productions cost of the toys for the year 2008 based

on the year 2004.

[4 marks]

JULY 2017

It also includes the division of the usages of the materials in the production of the shampoo. Table 3 shows the price indices and the weightage of four items in the year 2009 based on year 2008. [2 marks] (b) If the composite index for the year 2007 based to the year 2006 is 120. calculate its price in 2006. based on the year 2006. [2 marks] (c) Find the price of the shampoo in 2007 if its price in 2006 was RM 15. of four different materials A. while the others remain unchanged. [4 marks] 6.Menggapai A+ 5. Item Price index Weightage A 165 5 B 140 7 C k 10 D 125 8 Table 3 JULY 2017 . find the value of p. Table 3 shows the price indices in the year 2007 based to the year 2006.00 [2 marks] (d) Given that the price of material C is estimated to increase by 15 % from the year 2007 to 2008. B. in the production of a type of a shampoo. Price Index 2007 Material Weightage (2006 = 100) A 125 4 B 120 p C 80 5 D 150 p+3 TABLE 3 (a) If the price of material A is RM 50 in the year 2007. Calculate the composite index of the shampoo in the year 2008. C and D. Given that the composite index in the year 2009 based on year 2008 is 130.

A.40 6.88 120 C 8. find the total monthly cost of the components in the year 2008.40 2. Q and R. Find the composite index in the year 2010 using the year 2009 as the base year.Menggapai A+ (a) Calculate the value of k. [2 marks] (b) Calculate the composite index for the cost of producing the commercial product in the year 2008 using the year 2002 as the based year. [3 marks] JULY 2017 . (b) Calculate the price of item C in the year 2009 if the price in the year 2008 was RM108. [3 marks] (c ) If the total monthly cost of components in the year 2002 was RM1554.60 P 115 B 2.84 140 (a) Find the value of P.00 125 D 6.72 Q E R 7. D and E. The following bar chart shows the daily costs of the components. A commercial product consist of only five components. [2 marks] (d) If the cost of each component rose by 15 % from the year 2008 to the year 2010.00 10. [10 marks] 7. The table below shows the prices indices in the year 2008 based on the year 2002 of the components. Daily cost (RM) 28 24 20 12 4 components A B C D E Price per unit (RM) Price index in 2008 Components 2002 2008 based on 2002 A 1. B. C . find the composite index for the cost of producing the commercial product in the year 2010 based on the year 2002. (c) The price index of items B and D increased by 10% from year 2009 to year 2010 and the others remained unchanged.

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