Budgeting Level 4 Kaplan Revision Kit 15-16 Practice Questions Section 1, Q43
dalmatian
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Next year energy costs are forecast at £212,160. This assumes a 2% increase in energy consumption and a 4% increase in gas and electricity tariffs.
However, energy saving measures are being proposed. Instead of increasing, consumption should be reduced by 5%.
The energy budget should be £(answer is £197,600).
Would much appreciate somebody running through the answer with me as I am unsure which calculations need to be made and how?
However, energy saving measures are being proposed. Instead of increasing, consumption should be reduced by 5%.
The energy budget should be £(answer is £197,600).
Would much appreciate somebody running through the answer with me as I am unsure which calculations need to be made and how?
0
Comments
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Hi,
the 4% increase in gas is just in there to try and throw you off.
£212160/102 x100 = £208000
£20800x0.95 = £197600
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Thanks, Aaron!
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