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The formula for finding the change in CPL is [(new-old)/old] for different baskets of goods and services. What is the change in the CPL if the new price for transportation services is $100 and the old
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6 votes
The formula for finding the

change in CPL is [(new-old)/old]
for different baskets of goods
and services. What is the
change in the CPL if the new
price for transportation
services is $100 and the old
price was $80?
A. 25%
B. 15%
C. 10%

User Qun Li
by
3.6k points

1 Answer

10 votes

Answer:

25%

Explanation:

100-80=20

20/80Ⅹ100=25%

User Yaroslav Draha
by
3.7k points
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