Question 5

A garden centre selling spring bulbs places a bulk order with their supplier

each autumn for the following year's requirements of daffodil and tulip bulbs.

The data for 2020 and 2021 are displayed in Table 1.

(a) Calculate the overall spring bulb price ratio for 2021 relative to 2020.

Round your answer to three decimal places.

(b) Calculate the value of the spring bulb price index for 2021, taking 2020

as the base year. Round your answer to one decimal place.