Menggapai A+

INDEX NUMBER

1. The table shows the price of 3 types of goods: A, B and C in the year 2005 and 2006.

Types of good Price Price index in 2006

2005 2006 (Base year = 2005)
A RM 1.20 RM 1.60 z
B x RM 2.30 110
C RM 0.60 y 102

Find the value of x, y and z.

2. Calculate the composite index for each of the following data

Index number, I 120 110 105

Weightage, W 3 4 3

3. (a) In the year 1995, the price for one kilogram of a certain grade of rice is RM2.40
Given that its price index for the year 1995 based on the year 1990 is 160 Calculate the price
per kilogram of the rice in the year 1990.
[2 marks]

Item Price index in Change of price index from the year Weightage
the year 1994 1994 to the year 1996
Timber 180 Increased 10 % 5
Cement 116 Decreased 5 % 4
Iron 140 Unchanged 2
Steel 124 Unchanged 1

(b) Table above shows the price index in the year 1994 based on the year 1992, the change in
price index from the year 1994 to the year 1996 and the weightage respectively. Calculate
the composite price index in the year 1996.
. [3 marks]

Answer:. (a) 1.50 (b) Iwood = 198, Icement = 110.2; 152.9

4) The composite index for the production cost of a certain type of toys in the year 2006
based on the year 2004 is 130. The productions cost of the toys then increases by
20% from the year 2006 to the year 2008.
Calculate the composite index of the productions cost of the toys for the year 2008 based
on the year 2004.
[4 marks]

JULY 2017
Menggapai A+

5. Table 3 shows the price indices in the year 2007 based to the year 2006, of four different
materials A, B, C and D, in the production of a type of a shampoo. It also includes the
division of the usages of the materials in the production of the shampoo.
Price Index 2007
Material Weightage
(2006 = 100)
A 125 4
B 120 p
C 80 5
D 150 p+3
TABLE 3
(a) If the price of material A is RM 50 in the year 2007, calculate its price in
2006.
[2 marks]
(b) If the composite index for the year 2007 based to the year 2006 is 120, find the value
of p.
[2 marks]
(c) Find the price of the shampoo in 2007 if its price in 2006 was RM 15.00
[2 marks]
(d) Given that the price of material C is estimated to increase by 15 % from the year
2007 to 2008, while the others remain unchanged. Calculate the composite index of
the shampoo in the year 2008, based on the year 2006.
[4 marks]

6. Table 3 shows the price indices and the weightage of four items in the year 2009
based on year 2008. Given that the composite index in the year 2009 based on year
2008 is 130.

Item Price index Weightage

A 165 5

B 140 7

C k 10

D 125 8

Table 3

JULY 2017
Menggapai A+

(a) Calculate the value of k.

(b) Calculate the price of item C in the year 2009 if the price in the year 2008
was RM108.
(c) The price index of items B and D increased by 10% from year 2009 to year
2010 and the others remained unchanged. Find the composite index in the
year 2010 using the year 2009 as the base year.

[10 marks]
7. A commercial product consist of only five components, A, B, C , D and E. The following bar
chart shows the daily costs of the components. The table below shows the prices indices in
the year 2008 based on the year 2002 of the components.

Daily
cost
(RM)
28
24
20

12

4
components
A B C D E
Price per unit (RM) Price index in 2008
Components 2002 2008 based on 2002
A 1.60 P 115
B 2.40 2.88 120
C 8.00 10.00 125
D 6.40 6.72 Q
E R 7.84 140

(a) Find the value of P, Q and R.

[2 marks]
(b) Calculate the composite index for the cost of producing the commercial product in the
year 2008 using the year 2002 as the based year.
[3 marks]
(c ) If the total monthly cost of components in the year 2002 was RM1554, find the total
monthly cost of the components in the year 2008.
[2 marks]
(d) If the cost of each component rose by 15 % from the year 2008 to the year 2010, find
the composite index for the cost of producing the commercial product in the year 2010
based on the year 2002.
[3 marks]

JULY 2017