Bumbunchak Company produces and sells four different types of baby appliances. The prices and quantities in 2020 and 2021 are shown in table below. Types Baby Bullet Steamer Baby Bottle Sterilize & Dryer Baby Formula Milk Maker Baby Food Maker Price per unit (RM) m 180 110 2020 205 Quantity ('000) 15 35 25 5 Price per unit (RM) 100 230 110 2021 230 Quantity ('000) 10 20 45 5 a) Calculate the value of m and n. b) Calculate the simple average relative price index in 2021. Price index for the year 2021 based on the year 2020 (%) 125 n 100 112.2
Bumbunchak Company produces and sells four different types of baby appliances. The prices and quantities in 2020 and 2021 are shown in table below. Types Baby Bullet Steamer Baby Bottle Sterilize & Dryer Baby Formula Milk Maker Baby Food Maker Price per unit (RM) m 180 110 2020 205 Quantity ('000) 15 35 25 5 Price per unit (RM) 100 230 110 2021 230 Quantity ('000) 10 20 45 5 a) Calculate the value of m and n. b) Calculate the simple average relative price index in 2021. Price index for the year 2021 based on the year 2020 (%) 125 n 100 112.2
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 2EQ: 2. Suppose that in Example 2.27, 400 units of food A, 500 units of B, and 600 units of C are placed...
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