Question

The Recreation CPI index number was 93.0 in 1994 and 95.6 in 1995. What was the

percent increase in the prices of recreation goods and services for 1995, to the nearest tenth percentage?

Answer 1

2.7957

Explanation:

To calculate percentage increase we- the final value by the starting value so in 1994 we have 93 and in 1995 we have 95.6.

95.6 - 93 = 2.6

We then divide 2.6 by the absolute value of value 1(93) so 2.6 divided by 93=0.02795698924

Then use a calculator if you would like you don't have to but times that answer 0.02795698924 by 100. and you get the percent increase.

0.02795698924 x 100=2.7957.

Hope it helps have a great day:)