Question #297180



The consumer price index (CPI) rose from 105.9 to 113.4, while Helen's net salary decreased 7.0 %. Calculate the relative real change in Helen's salary (purchasing power) as percentage.

Expert's answer

113.4-105.9=7.5,

7.5/105.9=0.070821, 0.070821 *100%=7.0821%


7.0821%-7.0%=0.0821%


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Place free inquiry
Calculate the price
Our fields of expertise
Submit Your Assignment. We Can Do It.
LATEST TUTORIALS
APPROVED BY CLIENTS
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot
Canada #339914 on Dec 2023