Question

The inflation rate has decreased from 30% to 27% calculate percentage​

Answer 1

Answer:

3%

Step-by-step explanation:

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

$=\frac{0.03X}{X}\times 100$

$=3\%$

Hope this answer is helpful.

Answer 2

Dear Student,

◆ Answer -

Percentage decrease in inflation rate is 3 %.

● Explaination -

Percentage decrease of inflation rate is -

Percentage decrease = initial inflation rate - final inflation rate

Percentage decrease = 30 % - 27 %

Percentage decrease = 3 %

Therefore, inflation rate is decreased by 3 % in a year.

Thanks for asking this question. Hope this helps you understand.