contestada

If the consumer price index changes from 125 in september to 150 in october, what is the rate of inflation?.

Respuesta :

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% 
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