INDEX NUMBER

Question 1:
Table shows the prices, the price indices and weightage for four types of stationery A, B, C
and D.
Stationery

Price(RM) per unit

Year 2008
2.50
3.50
2.00
z

A
B
C
D

Year 2009
2.00
4.20
y
5.80

Price index for the

year 2009 based on
the year 2008
x
120
135
116

Weightage
2
3
m
4

(a) Find the value of

(i) x,
(ii)
y,
(iii)
z.
(b) The composite index for the price of the stationery in the year 2009 based on the year
2008 is 118.5. Calculate the value of m.
(c) The total expenditure for the stationery in the year 2008 is RM350. Calculate the
corresponding total expenditure in the year 2009.
(d) The price index for B in the year 2010 based on the year 2008 is 132. Calculate the
price index for B in the year 2010 based on the year 2009.
[(a) x=80, y=RM2.70, z=RM5; (b) m=5 (c)RM414.75 (d) 110]
Question 2:
Diagram below is a bar chart indicating the weekly cost of the items A, B, C, D and E for
the year 2000. Table below shows the prices and the price indices for the items.

Items
A
B
C
D
E

Price in 2000
x
RM 2.00
RM 4.00
RM 6.00
RM 2.50

Price in 2006
RM 1.75
RM 2.50
RM4.80
z
2.75

Price Index in 2006 based

on 2000
140
125
y
125
110

(a) Find the value of

(i) x
(ii) y
(iii) z
(b) Calculate the composite index for items in the year 2006 based on the year 2000.
(c) The total monthly cost of the items in the year 2000 is RM456. Calculate the
corresponding total monthly cost for the year 2006.
(d) The cost of the items increases by 15 % from the year 2006 to the year 2009.
Find the composite index for the year 2009 based on the year 2000.
[(a) x=RM1.25, y=120, z=RM7.50;(b) I =124.34; (c)RM567; (d)RM 143]

Question 3:
Table below shows the price indices and percentage of usage of four items, P , Q , R and S ,
which are the main ingredients in the production of a type of toy.
Item
P
Q
R
S

Price index for the year 2007

based on the year 2004
125
x
115
135

Percentage of usage
(%)
30
20
10
40

(a) Calculate
(i) the price of S in the year 2004 if its price in the year 2007 is RM43.20 ,
(ii) the price index of P in the year 2007 based on the year 2002 if its price index in
the year 2004 based on the year 2002 is 110.
(b) The composite index of the cost of toy production for the year 2007 based on the
year 2004 is 125.
Calculate
(i) the value of x ,
(ii) the price of the toy in the year 2004 if the corresponding price in the year 2007 is
RM75.
[(a)(i) RM32 (ii) 137.5;(b)(i) x=110 (ii)RM60]