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What is the inflation rate if the price of a chocolate milkshake was $5 dollars last year but $15 this year

What is the inflation rate if the price of a chocolate milkshake was $5 dollars last year but $15 this year
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3 votes
What is the inflation rate if the price of a chocolate milkshake was $5 dollars last year but $15 this year

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User Ronie Martinez
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7.9k points

1 Answer

4 votes
I believe the inflation rate from $5–>$15 in one year is 200%.
answered
User Omar BISTAMI
by
8.2k points
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