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Index number

Total questions: 14

Worksheet time: 28mins

Name
Class
Date
1.

A company sold 1200 units of brand X smartphones in the year 2015 and 1500 units in the year 2018. Calculate the index number for the number of smartphones sold in the year 2018 based on the year 2015

a)

125

b)

150

c)

175

d)

120

2.

The price index of a double storey terrace in the year 2000 based on the year 1984 was 150. If the price of the terrace was RM 139 500 in the year 2000, find its price in the year 1984.

a)

RM 53 000

b)

RM 93 000

c)

RM 90 000

d)

RM 50 000

3.

The table above shows the price indices of three materials used to produce a type of bottle for the year 2019 based on the year 2015. The quantities of materials P, Q and R used are in the ratio of 10 : 3 : 2. Calculate the composite index for the year 2019 based on the year 2015.

a)

203

b)

118

c)

432

d)

128

4.

A company sold 1200 units of brand X smartphones in the year 2015 and 1500 units in the year 2018. Calculate the index number for the number of smartphones sold in the year 2018 based on the year 2015

a)

125

b)

150

c)

175

d)

120

5.

A box of tissues cost RM1.20 and RM1.60 in the year 2003 and 2006 respectively. Calculate the price index of a box of tissues for the year 2006 based on the year 2003.

a)

133.33

b)

122.22

c)

111.11

d)

123.32

6.

Calculate the value of y.

a)

162

b)

161

c)

163

d)

164

7.

Index number for base year is always considered as

a)

1000

b)

1

c)

0

d)

100

8.

The above table shows the price indices of a few types of products made by a factory for the year 2008 based on the year 2004 and their respective weightage. If the composite index for the year 2008 based on the year 2004 is 111.5, find the value of x.

a)

100

b)

105

c)

110

d)

115

9.

Based on the year 2003, the index number of an oven for the years 2006 and 2009 are 110 and 130 respectively. Find the index number for the year 2009 based on the year 2006.

a)

84.6

b)

118.18

c)

120.33

d)

143

10.

A Soap company markets three types of soaps, A, B and C. The above table shows the price indices of the soaps for the year 2020 based on the year 2015. In the year 2020, 30% of the soap produced were of type C, x% were of type A and the rest were of type B. If the composite index for the year 2020 based on the year 2015 is 119.5, find the value of x.

a)

10

b)

20

c)

30

d)

40

11.

Product B


Price Index in year 2020 based on year 2019 = 125


Price at year 2019 = ...............


Price at year 2020 = RM2.00

a)

RM1.60

b)

RM1.70

c)

RM1.80

d)

RM1.90

12.

15 % price increase ”


Which number index represents the statement above

a)

85

b)

185

c)

115

d)

15

13.

The table shows the prices and the price indices of three ingredients P,Q and R which are used in preparing a type of Biscuit. Given the ratio of three ingredients P, Q and R is 2:1:3, calculate the composite index for the biscuit in the year 2019 based on the year 2015.

(a)  

14.

The table shows the price of five materials used in making a souvenir in the year 2013 and 2019. Calculate the value of a.

(a)