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estimate current cost via index

AAhmed10y ago
4 years ago x cost 5 per and price index of x stood 150.the same index now stand at 430. what is the current cost per kg? answer: 5*(430/150) question: 1. Cant uderstand the equation!!!
John MoffatJohn MoffatTutor10y ago#1
You need to watch our free lectures on index numbers. I cannot type out the whole lecture here :-) (Our lectures are a complete course for Paper F2 and cover everything you need to be able to pass the exam well.)
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