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Index Numbers

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Question 3
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The value of jewellery changes every year. The table shows the value, in pounds, of a ring for the years 2009 to 2012.

Year2009201020112012
Value£105£120£125£140

Calculate the chain base index number for 2010, 2011 and 2012. Give each value correct to 3 significant figures.

[2]

Index Numbers Questions

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