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Leon's has reported sales statistics for the deluxe five-piece dining room set as follows: June 1, 2010-May 31, 2011 June 1, 2011-May 31, 2012 Base

Leon's has reported sales statistics for the deluxe five-piece dining room set as follows:
June 1, 2010-May 31, 2011 June 1, 2011-May 31, 2012
Base price Quantity Base price Quantity
$52 240 54 $28 400 65
Determine the simple price index, quantity index and value index for the dining room set sales.
Answer Answer Answer
Simple Price Simple Quantity Simple Value
index ( P ) index ( P ) index ( P )

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