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The CPI for a broad basket of goods in 1994 was 110, in 1999 the CPI for the sam

Mathematics
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The CPI for a broad basket of goods in 1994 was 110, in 1999 the CPI for the same goods was 146. What was the percent inflation for the 6-year period?

Oct 19th, 2014

Total increase = 146-110 = 36

Percent increase = 36/110*100

 = 3600/110

= 32.73

Option b is correct answer

Oct 19th, 2014

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