Index numbers (AQA GCSE Statistics): Quizzes

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Index numbers
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What does an index number of 85 indicate?

Price decreased

Calculate the index number for £150 in 2020, base £100.

150

If the index number is 108, what happened?

Price increased

Find the cost in 2017 with base £4000 and index 108.

£4320

What is the base year index number?

100

Calculate the index number for £121.80 from £120.

101.5

What does an index number of 100 mean?

Price unchanged

Find the cost in August with index 98 and base £120.

£117.60

What is the formula for finding an index number?

Cost ÷ Base × 100

What does an index number below 100 indicate about prices?

Prices have decreased since the base year

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