The price index number for Year 5 is 120.0. In Year 6, it increased to 150.0. Between Year 5 and Year 6, prices increased by:
A) 25%.
B) 30%.
C) 80%.
D) 125%.

Name: The price index number for Year 5 is 120.0. In Year 6, it increased to 150.0. Between Year 5 and Year 6, prices increased by: A) 25%. B) 30%. C) 80%. D) 125%.
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Question

Quizplus · Accepted Answer

The price index number increased from 120.0 to 150.0, an increase of 30.0 points. This represents a percentage increase of 30.0 / 120.0 * 100 = 25%.

The Price Index Number for Year 5 Is 120