Calculate the price relative

146.3

Step-by-step explanation:

The price relative is the product of 100 and ratio of the current price to the base price. It is given as:

Given that the base price is the truck cost in 2008 = $27000 and the current price is the price of the truck in 2012 = $39500. Hence:

Price relative = ($39500 / $27000) * 100 = 146.3

Therefore the price relative is 146.3

3/5

step-by-step explanation:

double number line is not a standard concept, so it must have been defined in your textbook. assume top line is numerator.