Home For AAT student members AQ 2013 AAT Level 4 (Level 8 in Scotland)
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚

Financial Performance - Forecasting expected price help

daniel489daniel489 Registered Posts: 14
Im having trouble working this question out in Financial Performance practice assessment 1, question 4b. Can anybody help on how to find the answer

and the answer:


  • AMillarAMillar Registered Posts: 7
    Hi, there are 2 ways you can do it. Easiest way is:

    If you work out the difference between April-May and May- June it is the same amount of £135.74 so month on month it is increasing by £135.74

    Therefore to work out September you would so £135.74*5 plus April's figure of £1,457.92

    Hope this helps

  • AMillarAMillar Registered Posts: 7
    The other way to do this is - You would set April as the base of 100 so it would work in the same way.

    If April is 100 and then May would be 1593.66/1457.92*100 to give you an index number of 109.3105. For September's index number it is (109.3105-100)=9.3105*5+100= 146.5526. So the amount for September would be - 146.5526/100*1457.92
Sign In or Register to comment.