Page 286 - F2 - MA Integrated Workbook STUDENT 2018-19
P. 286

Chapter 12









                   Test your understanding 11





                   Details of an index number are given below:

                   Group               Price Index Weight

                   Food & Drink            140          50
                   Travel & Leisure        130          30

                   Housing                 120          20
                                                        100

                   The weighted price index number is closest to:

                   A     130


                   B     133

                   C     135

                   D     146
               TYU






































               278
   281   282   283   284   285   286   287   288   289   290   291