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Question 20N.3.HL.TZ0.2a.i

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Date November 2020 Marks available [Maximum mark: 2] Reference code 20N.3.HL.TZ0.2a.i
Level HL Paper 3 Time zone TZ0
Command term Calculate Question number a.i Adapted from N/A
a.i.
[Maximum mark: 2]
20N.3.HL.TZ0.2a.i

Table 1 provides information required for the calculation of a consumer price index (CPI). It shows a typical basket of goods purchased by the citizens of Country Alpha and the prices of these goods for two consecutive years. Assume 2015 is the base year, when the cost of the typical basket was $45.00.

(a.i)

Calculate the cost of the typical basket in 2016.

[2]

Markscheme

5 × 2.5 + 10 × 1.5 + 2 × 10

Any valid working is sufficient for [1].

= $47.50

An answer of $47.50 or 47.50 without workings is sufficient for [1].

For full marks to be awarded, the response must provide valid working and include correct units.

Examiners report

The majority of candidates performed the calculation correctly.