WorksheetsCHAPTER 10: INDEX NUMBER
Total questions: 10
Worksheet time: 13mins
G.R Carli is the first person that introduced index number concept.
TRUE
FALSE
The value of base year is always 100
TRUE
FALSE
The following is the uses of index number except
measure the living cost
analyse the market price of goods
measure the difference of production
calculate the fixed deposit dividend
"23 % cost decrease"
Which number index represent the statement above?
123
23
77
177
The production of health food in the year 2020 is 11 151 boxes. If the production index of the health food in the year 2020 based on year 2017 is 135 , find the total production of the health food in the year 2017.
11 500
8 200
8 260
15 054
The price index for a kilogram of garlic in the year 2016 based on the year 2014 is 115. If the kilogram of the garlic in the year 2014 is RM7.00 , find the price per kilogram of the garlic in the year 2016.
RM 8.05
RM 6.09
RM 7.14
RM 1.05
The value of weightage in composite index can be represents by percentage only.
TRUE
FALSE
The price index for three items A,B and C in the year 2019 based on the year 2011 is 115,120 and 140 respectively. Find the composite index for all three items in the year 2011.
25
75
125
175
The production quantity index for three item X,Y and Z in the year 2020 based on the year 2010 is 110 ,120 and 80 respectively with the ratio of 3:2:5 . Calculate the composite index for all three items in the year 2020 based on the year 2010.
113
97
103
197
15 % price increase ”
Which number index represents the statement above
85
185
115
15
