Respuesta :
B. You divide 79.25/52.48 and get 1.51, which translates to 151 percent.
Answer:
Option b. 151
Step-by-step explanation:
A raincoat costs $79.25 today. If a similar raincoat cost $52.48 in 1983 then we have to calculate the the CPI in 1983.
Since formula to calculate CPI will be
CPI = (Price of raincoat today/Price of raincoat in 1983)×100
CPI = 79.25×100/52.48 = 151
Therefore option b. CPI = 151 is the answer.
