Index Numbers

Index Number can be related with ......

• Economics

• Price

• Finance

• Statistics

The unit that we applied for Index Number is ...

• RM

• KG

• KM

• No specific unit

The price of the house Sulaiman bought in the year 1998 was

RM 110000. In the year 2000, the price of the house went up to

RM 130000. Calculate the price index of the house for the year 2000 based on the year 1998.

• 118

• 118.18

• 118.20

• 119

In year 2007, a copy of newspaper was sold at RM1.20. However, in year 2008, a consumer has to pay RM1.50 for the same copy of newspaper. Calculate the price index of the newspaper for the year 2008 based on the year 2007

• 115

• 120

• 125

• 130

A factory produces 8000 cans of drink in the year 2000 and 12000 cans of drink in the year 2001. Calculate the index number for the production of cans of drink in year 2001 based on year 2000.

• 120

• 130

• 140

• 150

Product A

Price Index in year 2020 based on year 2019 = 140

Price at year 2019 = RM1.50

Price at year 2020 = ...........

• 200

• 205

• 210

• 215

Product B

Price Index in year 2020 based on year 2019 = 125

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

Price at year 2020 = RM2.00

• RM1.60

• RM1.70

• RM1.80

• RM1.90

(HOTS)

Based on the year 1995, the index number of an oven for the years 1998 and 2001 are 110 and 130 respectively. Find the index number for the year 2001 based on the year 1998.

• 117.17

• 118.18

• 117.2

• 118.2