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

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asked Apr 11, 2018 7.3k views

1 Answer

Lenny Carmi · Answer 1 · 2018-04-16T05:00:05+0000

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%

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

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