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What number must the revenue of eighteen million euros be

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Reference no: EM132938429

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: EM132938429

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