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PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!Round your answer to one decimal place, if necessary.A consumer survey conducted in two consecutive years determined that a fixed basket of goods and services
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PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!Round your answer to one decimal place, if necessary.A consumer survey conducted in two consecutive years determined that a fixed basket of goods and services cost $95.00 in year 1 and $96.25 in year 2.

The rate of inflation from year 1 to year 2 is ____%

User Almamy
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2 votes
The answer is 1.135


((96.25 - 95) / 96) * 100%
User Wetjosh
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