jasinblake2550 jasinblake2550
  • 25-08-2022
  • Mathematics
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If the cpi increases from 135 in 2006 to 154 in 2007, the rate of inflation between 2006 and 2007 is:________

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ogorwyne
ogorwyne ogorwyne
  • 29-08-2022

If the cpi increases from 135 in 2006 to 154 in 2007, the rate of inflation between 2006 and 2007 is 14.1

How to solve for the rate of inflation

We have the past date cpi to be 135

We have the present date cpi = 154

Then we have to subtract the past date from the present and divide the answer by the past date.

This can be seen as

154 - 135 = 19

19 / 135 = 0.1407

Then the rate of inflation would be 0.1407 x 100

= 14.1

Read more on rate of inflation here:   https://brainly.com/question/777738

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