Index Number (Set 2) Form 4

MELAKA 2010 1. A product is made up of four components, A, B, C and D. Table 1 shows the prices of the four components in the year 2004 and 2005 as well as their respective weightages. Price(RM) Component A B C D (a) (b) 2004 90 60 y 30 2005 x 90 100 42 Price index for the year 2005 based on the year 2004 150 150 125 z

Weightage 2 m 4 8 [3 marks]

Calculate the values of

Given that the composite index of the product in the year 2005 based on the year 2004 was 141, find the value of . [3 marks] If the product is sold for RM350 a unit in the year 2004. Calculate the selling price of the product in the year 2005 in order to maintain the same profit. [2 marks] If the prices of all components of the product were increased by 50% from the year 2004 to the year 2006, find the composite index of the product in the year 2006 based on the year 2005. [2 marks]

(c)

(d)

NEGERI SEMBILAN 2010 2. Table 2 shows the prices and price indices for the four ingredients, A, B, C and D used in making a type of biscuit. Diagram 1 is a pie chart which represents the usage of four ingredients used in the production of this biscuit. Price(RM) for the year 2006 2008 2.00 2.50 5.00 y 1.40 2.10 z 4.00 Price index for the year 2008 based on the year 2006 x 140 150 125

Ingredients A B C D

Prepared by : Puan Hayati Aini Ahmad

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Index Number (Set 2) Form 4

(a) (b) Find the value of (i) (i) (ii) (iii) [3 marks]

(c)

Calculate the composite index for the cost of production of this biscuit in the year 2008 based on the year 2006. (ii) Hence, calculate the cost of production of this biscuit in the year 2006 if the cost of production in the year 2008 was RM 20 000. [5 marks] The cost of production of this biscuit is expected to decrease by 10% from the year 2008 to the year 2010. Find the expected composite index for the year 2010 based on the year 2006. [2 marks]

PAHANG 2010 3. Table 3 shows the prices and the price indices of four ingredients, A, B, C and D used in making banana cakes. Diagram 2 is a pie chart which represents the relative amount of the ingredients A, B, C and D used. Price(RM) for the year 2005 2007 12.00 24.00 14.00 28.00 10.00 13.00 Price index for the year 2007 based on the year 2005 150 120 130

Ingredients A B C D (a)

Find the value of (i) (ii) (iii) [3 marks]

(b)

Calculate the composite index for the cost of making banana cakes in the year 2007 based on the year 2005. [3 marks] The cost of making banana cakes in the year 2007 is RM 3 322. Calculate the corresponding cost in the year 2005. [2 marks] The cost of making these cakes is expected to increase by 30% from the year 2007 to the year 2009. Find the expected composite index for the year 2009 based on the year 2005. [2 marks]

(c)

(d)

Answers: 1. (a) 2. (a) 3. (a) (b) (b) (i) (b) (c) (c) (ii) (d)
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(d) (d)

Prepared by : Puan Hayati Aini Ahmad