Help with numerical test questionWatch
Can someone help me solving these two questions please?
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here is the first
LARGEST INCOME [(11.4+6.3) x 106] X 22036
SMALLEST INCOME [(3.8+7.2) x 106] X 13795
then you can find difference
I hope you are allowed a calculator ...
the factor 106 can be ignored as at the end you are going to have to divide by 1000000 to get an answer in millions.
I did not have the heart to even look at Q2
PS I hope I can see the numbers correctly as image is not too clear in my computer.
Let x be the house price of Southern, and therefore (11.4+6.3)x is the net value of all houses, or 17.7x.
Now the average house price of the next town, Eastern is 10% higher, that is 1.1x. The net value of all houses combined is (8.2+4.7)*1.1x = 14.19x. This is lower than Southern.
Now the average price for the final town is 10% higher than Eastern, that is 1.1*1.1x = 1.21x.
To finish off, find the number of houses in the last town and multiply by 1.21x and compare your result with Southern. I will leave this for you to do. Goodluck.