2) Calculate the index number for the following figures and comment on what it shows abou the change in value (3 marks e
Posted: Thu Feb 17, 2022 10:57 am
2) Calculate the index number for the following figures and comment on what it shows abou the change in value (3 marks each): a) Ford Fiesta car was worth £6800 in 2005 and £8000 in 2011 b) FC040 attendance in week 1 was 94% and in week 6 it was 62% C) A house was bought in 2000 for £60,000 and sold in 2011 for £110,000 d) A business made £2.5 million profit in 2010 and £2.3 million profit in 2011