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No idea how to do this mc at all (1 Viewer)

Thread starter malcolm21
Start date Oct 14, 2015

M

malcolm21

Active Member

#1

F

FlameLash

Active Member

#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.

A

atargainz

Active Member

#3

(820/125)*100 = 656 (100 is base year)

M

malcolm21

Active Member

#4

Thanks guys, never seen that formula before though,

F

FlameLash

Active Member

#5

turnerloos said:
shouldnt it be B?

Year 1 is the base year, not year 2.

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