| 116) |
In which year was there the highest ratio of average sales price: average production cost?
Calculate the ratio for each of the 5 years shown;
| 2010 |
2010 |
2009 |
2008 |
2007 |
2006 |
Average
sales price |
£62,709 |
£60,296 |
£63,188 |
£51,607 |
£51,602 |
Production
cost |
£14,500 |
£15,800 |
£13,600 |
£11,400 |
£13,750 |
| Ration |
4.3:1 |
3.8:1 |
4.6:1 |
4.5:1 |
3.8:1 |
Thus the correct answer is 2008
|
