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3 (c) Rebasing The spreadsheet table below summarises the overall price of all rooms since 2015: A B D E 1 Year 2015 2016

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3 (c) Rebasing The spreadsheet table below summarises the overall price of all rooms since 2015: A B D E 1 Year 2015 2016 2017 2018 F 2019 G 2020 2 2015 100 100.0 104.5 108.4 106.9 109.7 (part e) 3 2019 100 Compete the table by rebasing the series on 2019 = 100. 3 (d) Combining and rebasing 40% of the business of the hotel chain relates to the Budget brand, with the remainder split equally between Express and Luxury. The price of Express rooms in 2020 was 12% higher than in 2019. Use this information, and your answers to earlier parts of this question, to produce a combined index number (based on 2015 = 100) to fit into the table in 3 (c). Include all your workings and a full explanation.

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