F FlameLash Active Member Joined May 3, 2014 Messages 124 Gender Male HSC 2015 Oct 14, 2015 #2 The key to this question is recognising the base year. The answer is A, which can be worked out by dividing year 3's $820 by 1.25.
The key to this question is recognising the base year. The answer is A, which can be worked out by dividing year 3's $820 by 1.25.
A atargainz Active Member Joined Jun 22, 2015 Messages 289 Gender Male HSC 2015 Oct 14, 2015 #3 (820/125)*100 = 656 (100 is base year)
M malcolm21 Active Member Joined Nov 7, 2014 Messages 437 Gender Male HSC N/A Oct 14, 2015 #4 Thanks guys, never seen that formula before though,
F FlameLash Active Member Joined May 3, 2014 Messages 124 Gender Male HSC 2015 Oct 14, 2015 #5 turnerloos said: shouldnt it be B? Click to expand... Year 1 is the base year, not year 2.
