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If the consumer price index changes from 125 in september to 150 in october, what is the rate of inflation?.
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If the consumer price index changes from 125 in september to 150 in october, what is the rate of inflation?.
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Apr 11, 2018
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If the consumer price index changes from 125 in september to 150 in october, what is the rate of inflation?.
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Zipi
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The rate of inflation is 20%.
In September price is = 125
And in October price = 150
rate of inflation = (150 -125)/125 x 100
= 25/125 x 100
=0.2 x 100 = 20%
Lenny Carmi
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Apr 16, 2018
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