Respuesta :
Answer:
75%
Step-by-step explanation:
The price of hamburger rise from $2 to $2.50 between 2015 and 2016, if the price of hamburgers rose to $3.50 instated of $2.50 then the increase in price cal be calculated as thus;
Note initial price is $2 and the new final price is $3.50,
Increment = final price - initial Price
Increment = $3.50-$2 = $1.50
To calculate the rate of inflation,
Rate of Inflation = increment/initial price × 100%
Rate of Inflation = $1.50/$2 × 100
Rate of inflation = 150/2
Rate of inflation = 75%
The rate of inflation is 75%.
- The calculation is as follows:
Since
initial price is $2 and the new final price is $3.50,
So,
Increment = final price - initial Price
= $3.50-$2 = $1.50
Now the inflation rate is
[tex]= increment\div initial price \times 100\%\\\\= $1.50\div $2 \times 100[/tex]
= 75%
learn more: https://brainly.com/question/10309631?referrer=searchResults