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How much revenue would have been

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The following information has been derived from the records of a company that produces different types of articles:

Year             Revenue in a million euros               Volume index

2010                     12                                      100
 
2014                     18                                      125

The revenue of this company has increased due to price increases and changes in the quantities sold.

Problem A. How much revenue would have been in 2014 if prices had not changed?

Problem B. By what number must the revenue of 18 million euros be divided in order to get that revenue (for 2014) in 2010 prices?

Reference no: EM132949021

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