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INDEX NUMBER

1) Table shows price and price indices for five components, P, Q, R, S and T, used to produce a kind of toy.
Pie chart given represents relative quantities of the component used.

Price(RM) in the year Price index in the year


Component 2014 2016 2016 based on the year
2014
P 2.40 3.00 125
Q x 4.40 110
R 5.00 z 150
S 6.00 5.40 y
T 3.50 4.90 140
a) Find the value of x, y and z. [3 m]
b) Calculate composite index for the cost of the toys in the year 2016 based on year 2014. [3 m]
c) The price of each component increase by 20% from the year 2016 to the year 2017. Given the cost of one toy
in the year 2014 is RM 55. Calculate the corresponding cost in the year 2017. [4 m]
2) Table shows price, price indices and weightage for four types of component, P, Q, R, and S.

Price (RM) Price index in year 2015


Component Weightage
2013 2015 based on the year 2013
P 80 x 130 2
Q 75 90 120 k
R y 100 125 4
S 40 54 z 8
a) Find the value of x, y and z. [3 m]
b) Composite index for price of the components in the year 2015 based on the year 2013 is 128.
Calculate value of k. [3 m]
c) The price of another component Q in the year 2015 given is RM 150.
d) Calculate the corresponding price of component Q in the year 2013. [2 m]
e) The price index for R in the year 2017 based on the year 2013 is 134.20. Calculate the price index for R in
the year 2017 based on the year 2015. [2 m]
3) Table shows the price indices for three items, A, B and C, used in the production of a type of shoe.

Price index in the year 2014 Price index in the year 2016
Item
based on the year 2012 based on the year 2012
A 125 137.5
B 110 x
C y 120
a) Find the price index of item A in the year 2016 based on the year 2014. [2 m]
b) The price of item B in the year 2012 is RM 10.50 and its price in the year 2016 is RM 13.65. Find
(i) value of x. [1 m]
(ii) the price of item B in the year 2014 [2 m]
c) The composite index for the production cost of the shoe in the year 2014 based on the year 2012 is 117.5.
Cost of the items, A, B and C used are in the ratio of 2 : 1 : 3. Find value of y. [3 m]
d) Given the price of the shoe in the year 2014 is RM 48.30. Find the corresponding price of the shoe in the
year 2012. [2 m]
4) Table shows the price indices of the monthly expenditure for Ali’s family in the year 2000 based on the
year 1996, the change in price index from the year 2000 to the year 2004 and the percentage of expenditure
respectively.

Expenditure Price index in the year 2000 Change of price index from Percentage of
based on the year 1996 the year 2000 to the year 2004 expenditure (%)
P 110 Increased 15% x
Q 120 Decreased 10% 30
R 125 Unchanged y
S 150 Unchanged 15
a) Calculate the cost of item P in the year 1996 if its cost in the year 2000 is RM150.65. [2 m]
b) The composite index number in the year 2000 based on the year 1996 is 121.25. Calculate
(i) The value of 𝑥 and of 𝑦, [3 m]
(ii) The total monthly expenditure in the year 2000 if the total monthly expenditure for Ali’s family in
the year 1996 is RM260. [2 m]
c) Find the composite index number in the year 2004 based on the year 1996. [3 m]
5) A particular kind of cake is made by using four ingredients P, Q, R, and S. Table shows the prices of the
ingredients.

Price per kg (RM)


Ingredient
Year 2004 Year 2005
P 5.00 w
Q 2.50 4.00
R x y
S 4.00 4.40
a) The index number of ingredient P in the year 2005 based on the year 2004 is 120.
Calculate the value of w. [2 m]
b) The index number for ingredient R in the year 2005 based on 2004 is 125. The price per kilogram of
ingredient R in the year 2005 is RM 2.00 more than its corresponding price in the year 2004.
Calculate the value of x and y. [3 m]
c) The composite index for the cost of making the cake in the year 2005 based on the year 2004 is 127.5.
Calculate
i) the price of a cake in the year 2004 if its corresponding price in the year 2005 is RM 30.60. [2m]
ii) the value of m if the quantities of ingredients P, Q, R and S used are in the ratio of 7 : 3 : m : 2. [3m]
6) Table shows the price indices of the monthly expenditure for Muhammad’s family in the year
2000 based on the year 1996, the change in price index from the year 2000 to the year 2004 and
the percentage of expenditure respectively.

Expenditure Price index in Change of price index from the Percentage of


the year 2000 year 2000 to the year 2004 expenditure (%)
P 110 Increased 15% x
Q 120 Decreased 10% 30
R 125 Unchanged y
S 150 Unchanged 15

a) Calculate the expenditure of item P in the year 1996 if its expenditure in the year 2000 is
RM150.65. [2 m]
b) The composite index number in the year 2000 based on the year 1996 is 121.25. Calculate
i) The value of 𝑥 and of 𝑦, [3 m]
ii) The total monthly expenditure in the year 2000 if the total monthly expenditure for
Muhammad’s family in the year 1996 is RM260. [2 m]
c) Find the composite index number in the year 2004 based on the year 1996. [3 m]

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