Wines of South Africa provide a complete range of white wines, red wines and dessert wines. The table below gives the quantity sold as well as the price for 2010 and 2014. Use 2010 as the base year. Calculate the single price index of red wine. Round off to two decimals. 2010 2014 Wine Type Quantity Sold Price (in R) Quantity Sold Price (in R) Red 500 R30 400 R70 White 2500 R20 4000 R15 Dessert 2000 R50 1000 R60 A. 42.86% B. 233.33% C. 80.00% D. 125.00%
Wines of South Africa provide a complete range of white wines, red wines and dessert wines. The table below gives the quantity sold as well as the price for 2010 and 2014. Use 2010 as the base year. Calculate the single price index of red wine. Round off to two decimals. 2010 2014 Wine Type Quantity Sold Price (in R) Quantity Sold Price (in R) Red 500 R30 400 R70 White 2500 R20 4000 R15 Dessert 2000 R50 1000 R60 A. 42.86% B. 233.33% C. 80.00% D. 125.00%
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Wines of South Africa provide a complete
2010 |
2014 |
|||
Wine Type |
Quantity Sold |
Price (in R) |
Quantity Sold |
Price (in R) |
Red |
500 |
R30 |
400 |
R70 |
White |
2500 |
R20 |
4000 |
R15 |
Dessert |
2000 |
R50 |
1000 |
R60 |
- A.
42.86%
- B.
233.33%
- C.
80.00%
- D.
125.00%
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