Question 1191977: The number of applicants for government vacancies in a particular city for the past 4 years are reported as below:
Year Number of applicants
2018 148,519
2019 102,639
2020 133,834
2021 174,132
The simple index number of 2021 based on 2018 is
A. 169.65
B. 146.25
C. 130.11
D. 117.25
Answer by CPhill(1959) (Show Source):
You can put this solution on YOUR website! Here's how to calculate the simple index number:
1. **Identify the base year and the comparison year:** The base year is 2018, and the comparison year is 2021.
2. **Use the formula:** Simple Index Number = (Value in comparison year / Value in base year) * 100
3. **Plug in the values:** Simple Index Number = (174,132 / 148,519) * 100
4. **Calculate:** Simple Index Number ≈ 117.25
So the answer is D. 117.25
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