Register
Assume the average annual CPI values for 2015 and 2016 were 207.3 and 215.3, respectively. What was the percent increase in the CPI between these two years?
155k views
2 votes
Assume the average annual CPI values for 2015 and 2016 were 207.3 and 215.3, respectively. What was the percent increase in the CPI between these two years?

User Alexander Dixon
by
5.8k points

1 Answer

3 votes

Answer:

The correct answer is 3.859 %

Step-by-step explanation:

Year 2015 = 207.3

Year 2016 = 215.3

Year 2016 (215.3) - Year 2015 (207.3) = 8

Rule of three

207.3 ------- 100%

8 ---------- ?

(8 x 100) ÷ 207.3 = 3.859%

User Claudio Delgado
by
5.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.0m questions

7.8m answers

Other Questions

What are some ways you can save on car insurance?
_____ reminds customers and clients that they made a good choice in selecting a company with which to do business, or it reminds them of the good qualities of their purchase.​
Demonstrate how binomial nomenclature is related to classification systems by identifying the genus name and the specific name of the domestic cat felis catus
The dark printed words on the page of a book are easily read because they are printed on a light ground. this is an example of the principle of ____________.
On august 1 the darius co. purchased a photocopy machine for $8,000. the estimated annual depreciation on the machine is $1,680. if the company prepares annual financial statements on december 31, the
Link Copied!