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Economics - Financial Markets 8 Online
OpenStudy (anonymous):

How do I solve this question? According to the table below, by what percentage did prices change between 2006 and 2009? CPI Data Year Index 2006 100 2007 110 2008 120 2009 125 2010 140 A. 10% B. 20% C. 25% D. 40% E. 80%

OpenStudy (solomonzelman):

From 2006 to 2009 it changed from $100 to $125. so the change was that it increased by $25. 25 is how much percent of the original price (from which it changed) ? \[\huge\color{blue}{ 100 \times \frac{25%}{100} ~~~~~~->~~~~~~25 \text{%} }\]

OpenStudy (solomonzelman):

C is your answer.

OpenStudy (solomonzelman):

Oh, 3 days ago, wasn't expecting to get a medal, just answered.

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