unit 31 - superior homes

emma123

Hey has anyone done this sim? Need help in relation to the RPI index. Asks to find adjusted figures for the years 2004 - 2010 and it says you should express the figures in terms of 2010 costs. So does that mean that I use my RPI figure for 2010 for all my adjusted figures calculations as in

sales figure for year in question x RPI index for year 1 ie 2010 / RPI index for year in question

or would I assume year 1 to be 2004?

Hope someone can help as I'm not sure I'm doing it right. When I calculate the % increase/decrease mine all seem to be decreases...