in year 2005, the whole sale price index number is 286 with 1985 as base year, then how much the price have increased in 2005 in comparison to 1995?
a)286%
b)386%
c)86%
d)186%
with explanation please
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Answer:
D. 186%
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Answered by
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d]186%
Step-by-step explanation:
- price index of base year, 1985= 100
- price index of current year, 2005= 286
- price increase in 2005= (286 - 100)= 186
- Increased % = 186%
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