INDEX NUMBER

FORM 4

MODULE 11(B) ADDITIONAL MATHEMATICS TOPIC : INDEX NUMBER

1. Table shows the prices and the price indices of five components. P, Q, R, S and T, used to produce a kind of toy. Diagram shows a pie chart which represents the relative quantity of components used. Price (RM) for the year Component P Q R S T 2004 1.20 x 4.00 3.00 2.00 2006 1.50 2.20 6.00 2.70 2.80 Price index for the year 2006 based on the year 2004 125 110 150 y 140

S 72

R 90 36 Q

144 P

(a) Find the value of x and of y (b) Calculate the composite index for the production cost of the toys in the year 2006 based on the year 2004. (c) The price of each component increases by 20% from the year 2006 to the year 2008. Given that the production cost of one toy in the year 2004 is RM 55, calculate the corresponding cost in the year 2008. 2. Table shows the price indices and percentage of usage of four items, P, Q, R and S, which are the main ingredients in the production of a type of cake. Item P Q R S (a) Price index for the year 2006 based on the year 2004 125 x 135 130 Percentage of usage 30 10 40 20

Calculate (i) the price of R in the year 2004 if its price in the year 2006 is RM59.40. (ii) the price index of P in the year 2006 based on the year 2002 if its price index in the year 2004 based on the year 2002 is 120. The composite index of the cost of the cake production for the year 2006 based on the year 2004 is 128. Calculate (i) the value of x, (ii) the price of a box of cake in the year 2006 if the corresponding price in the year 2004 is RM48

(b)

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INDEX NUMBER

FORM 4

3.

A product is made of 4 components P, Q, R and S. The table shows, for each component, the price index for the year 2006, using 2005 as the base year and their weightages. Component P Q R S Price index for the year 2006 based on the year 2005 120 135 130 150 Weightage 3 x 6 y

(a) Calculate the cost for component P in the year 2006 if its cost in the year 2005 is RM4.50. (b) The price index for component R in the year 2005 based on the year 2003 is 110. Calculate the corresponding price index in the year 2006 based on the year 2003. (c) The composite index for the cost of making the product in the year 2006 based on the year 2005 is 132. Calculate (i) the values of x and y, given that x = 2y (ii) the total cost of the product in the year 2005 if the corresponding total cost in the year 2006 is Rm33. 4. Table shows the prices and price for five types of chemicals P, Q, R, S and T, used to produce a certain type of product. A pie chart which represents the relative amount of the usage of the chemicals P, Q, R S and T. Chemicals P Q R S T Price per kg (RM) 2002 2005 2.00 2.30 1.50 x 0.50 0.70 0.40 0.50 z 1.80 Price index for the year 2005 based on the year 2002 115 90 140 y 120

100 40

P 120

80 S

(a) Find the value of x, y and z. (b) Calculate the composite index for the cost of producing this product in the year 2005 based on the year 2002. (c) Calculate the total monthly cost of producing this product for the year 2005 if the corresponding total monthly cost for the year 2002 was RM42000. (d) The cost of producing this product increases by 20% from the year 2005 to the year 2008. Find the composite index for the year 2008 based on the year 2002. 5. Table shows the price indices for four types of drinks P, Q, R and S, at a

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INDEX NUMBER

FORM 4

restaurant. A pie chart represents the relative monthly expenditure on the drinks P, Q, R and S, at the restaurant in the year 2004. Drinks P Q R S Price index for the year 2006 based on the year 2004 115 105 130 121

Q 108

R 108 S

54 P

Calculate (a) The expenditure on S as a percentage of the total monthly expenditure on the drinks in the year 2004. (b) The expenditure on Q in the year 2006, if the expenditure on Q in the year 2004 is RM500. (c) The composite index for the monthly expenditure on drinks in the year 2006 based on the year 2004. (d) The composite index in the year 2007 based on the year 2004 if the price index for drink P increases by 20%. Price index for drink R decrease by 10% and price index for Q and S remain unchanged. 6. A company sells 3 types of goods that is A, B and C. Table shows the price and price indices for the 3 types of goods. Goods A B C Price (RM) Year 2000 80 y 50 Price (RM) Year 2005 96 60 z Price indices (Base year 2000) x 125 150

(a) Determine the value of x, y and z. (b) Given the good A, B and C sold are in the ratio of 3 : h : 5. Calculate (i) the value of h if the composite index for the 3 types of goods for the year 2005 based on the year 2000 is 136. (ii) The total collection in the year 2005 if the amount collected in the year 2000 is RM15 000. (c) Given the price index of A in the year 2006 based on the year 2005 is 140. Calculate the price index for A in the year 2006 based on the year 2000. 7. (a) The bar graph shows the selling price for three kinds of goods in the year 2000 and 2006.

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INDEX NUMBER

FORM 4

Price (RM)

40 30 20 10 0

Goods X Y Year 2000 Z Year 2006

By using the year 2000 as the base year, calculate (i) the price indices for each goods, (ii) the composite index for the year 2006. (b) Table shows the price indices and the weight for four goods for the year 2003 based on the year 1998. Given that the number of composite index for the year 2003 is 122. Goods Bed Wardrobe Washing Machine Refrigerator Price Indices 100 120 130 150 Weight 2 m 3 1

Calculate (i) the value of m, (ii) the price for a refrigerator in the year 2003 if its price in the year 1998 was RM500. 8. Table shows the price indices and weightage of usage of four items K, L, M and N, which are the main ingredients in the production of a type of cake. Item K L M N Price Index for the year 2005 based on the year 2003 190 120 x 220 Weightage 4 2 3 5

(a) Calculate (i) the price of L in the year 2003 if its price in the year 2005 is RM24 (ii) the price index of K in the year 2005 based on the year 2001 if its price index in the year 2003 based on the year 2001 is 120. (b) The composite index of the cost of cake production for the year 2005 based on the year 2003 is 165. Calculate (i) the value of x, (ii) the price of a cake in the year 2003 if the corresponding price in the year 2005 is RM32.50.

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INDEX NUMBER

FORM 4

9.

Table shows the prices and the price indices with the weightage for three components, A, B and C respectively. Component A B C Price 2005 2007 27.00 29.70 y 42.00 17.50 z Price index for the year 2007 based on the year 2005 x 125 130 Weightage 7 4 5

(a) Find the value of x, y and z (b) Calculate the composite index for all the components in 2007 based on the year 2005. (c) The three components are used to make P, P is sold at the price RM210 in the year 2005, find the selling price of P in the year 2007. (d) The cost of making P is expected to increase by 70% from the year 2007 to the year 2010. Find the expected composite index for the year 2010 based on the year 2005. 10. Table shows the price and the weightage for the four ingredients, A, B, C and D in 2007 and 2008, used in making a particular chocolate. Ingredients A B C D Price (RM) for the year 2007 2008 20 16 30 33 40 48 15 21 Weightage 3 4 5 8

(a) Calculate the index numbers of each of ingredients A, B, C and D in 2008 with 2007 as the base year. Hence, calculate the composite index for the cost of making the chocolate in 2008 with 2007 as the base year. (b) If the chocolate is sold at RM150 per pack in 2007, calculate the selling price per pack in 2008. (c) The price indices of a commodity in 2007 and 2008 based on 2006 are 125 and 120 respectively. If the price of the commodity in 2007 is RM100, calculate its price in 2008.

END OF MODULE

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INDEX NUMBER

FORM 4

ANSWERS MODULE 11(B) ADDITIONAL MATHEMATICS TOPIC : INDEX NUMBER

1. (a)
I= P06 100 P04

y = 90 , x = 2.00 (b) 144, 36, 90, 72, 18 Wi Ii I= Wi = 123.5 (c)

I 08 / 04 = 123.5 = 148.2

120 100 OR

123.5 =

P06 100 55 = 67.925 120 100

148.2 =

P08 100 55 = 81.5

P08 = 67.925 = 81.51

2.

(a)

(i)

59.40 100 = 135 P04

P04 = RM 44 (ii) I06 / 02 100 = I06 / 04 I04 / 02

I06 / 02 = 125 120 100 = 150

(b)

(i) 128 =

125(30) + x (10) + 135(40) + 130(20) 30 + 10 + 40 + 20 x = 105 P06 100 = 128 48 P04 = RM 61.44
P06 100 P05 P06 100 4.5 = RM 5.40

(ii)

3.

(a)

I=

120 = P06

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INDEX NUMBER

FORM 4

(b)

I06 / 05 I05 / 03 = I06 / 03 100 130 110 = I06 / 03 100 I06 / 03 = 143

(c)

(i)

Ii Wi Wi 120(3) + 135( x ) + 130(6) + 150( y ) 132 = 3+x+6+y 360 + 135(2y ) + 780 + 150( y ) 132 = 3 + 2y + 6 + y y =2 , x=4

I=

(ii)

Q05 =

33 100 132 = RM 25

4.

(a)

x = 1.35 y = 125 z = 1.5 I 05 / 02 = =

Ii Wi Wi

(b)

115(120) + 90(100) + 140(40) + 125(80) + 120(20) 120 + 100 + 40 + 80 + 20 40800 = 360 = 113.33 (c) I05 / 02 = P05 100 P02

113.33 = P05 (d)

P05 100 42000 = RM 47,598.60

120 113.33 100 100 100 = 135.996

I08 / 05 =

5.

(a)

360 108 108 54 100 360 = 25% =

Q06 100 = 105 500 Q06 = RM 525

(b)

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INDEX NUMBER

FORM 4

(c)

I 06 / 04 = =

Ii Wi Wi

115(54) + 105(108) + 130(108) + 121(90) 54 + 108 + 108 + 90 = 118

(d)

P07 = 138 R07 = 117 I 07 / 04 = = Ii Wi Wi

138(54) + 105(108) + 117(108) + 121(90) 54 + 108 + 108 + 90 = 117.55 6. (a) P05 100 P00 x = 120 y = 48 z = 75 I= (i) I 05 / 00 = 136 =
Ii Wi Wi

(b)

120(3) + 125(h ) + 150(5) 3+h+5 h=2

(ii)

136 P = 100 150000 P = RM20 400

140 120 100 = 168

(c)

P06 / 00 =

7.

(a)

(i) x = 150 y = 100 z = 133.3 (ii) I 06 / 00 = Ii Wi Wi 150(20) + 100(40) + 133.3(30) = 20 + 40 + 30 = 122

Ii Wi Wi

(b)

(i) I 03 / 98 =

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INDEX NUMBER

FORM 4

100(2) + 120(m ) + 130(3) + 150(1) 2 + m + 3 +1 740 + 120m 122 = 6+m m=4 122 = P03 100 = 150 (ii) 500 P03 = RM 750 8. (a) (i) RM 24 100 = 120 PL PL = RM 20
P05 P P 100 = 05 03 100 P01 P03 P01

(ii)

P05 / 01 100 = P05 / 01 = 228 (b) (i) I =

190 120 100 100 100

194(4) + 120(2) + x (3) + 220(5) = 165 4+2+3+5 x = 70

RM 32.50 100 = 165 P03

(ii)

P03 = RM19.70 9. (a)

P07 100 P05 x = 110 y = RM33.60 z = RM22.75 I=

(b)

I=

110(7) + 125(4) + 130(5) 7+4+5 = 120 120 100

(c)

= 210 = 252

(d)

I = 120 = 204

170 100

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INDEX NUMBER

FORM 4

10.

(a)

16 100 = 80 20 33 IB = 100 = 110 30 48 IC = 100 = 120 40 21 ID = 100 = 140 15 IA = I= 80(3) + 110(4) + 120(5) + 140(8) 3+4+5+8 = 120

(b)

120 150 100 = RM180 =

(c)

120 100 100 125 = 96 = P08 = 96 150 100 = RM144

END OF MODULE

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