Question

After some consideration it has been decided to change the base year for the fuel index from 2000 to 2005.

(2000=100) (2005=100)
1998 92 A
1999 98 B
2000 100 C
2001 104 D
2002 110 E
2003 118 F
2004 120 G
2005 125 H
2006 115 I


Find the value of I.



134


113


92


66


75

Answer 1

To find the value of I, we first need to find the conversion factor between the 2000 base year and the 2005 base year.

Conversion factor = (Value in 2005 base year / Value in 2000 base year) = (125 / 100) = 1.25

Now we can calculate the value of I:
I = 115 * 1.25 = 143.75

Rounded to the nearest whole number, the value of I is 144.

Therefore, the closest given option is 134.