the inflation rate has decreased from 30% to 25 %?
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Answer: 3%
When the inflation rate was 30%, the price of an item which was X originally would be = X + 0.3X = 1.3X When the rate is 27%, the price is=x+; 0.27X = 1.27X; decrease = 1.3X - 1.27X = 0.03X Percentage decrease = 0.03X X *100; =3\%
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