Consider the following information about the price and the price index of a popular book over three years. If the price index in 2011 was 95, which of the following is the percent change in the price of the book between 2010 and 2011?
A) -12.04%
B) -5%
C) -2.53%
D) -13%

Question

Consider the following information about the price and the price index of a popular book over three years.  If the price index in 2011 was 95, which of the following is the percent change in the price of the book between 2010 and 2011?
A) -12.04% 
B) -5% 
C) -2.53% 
D) -13%

Quizplus · Accepted Answer

The Answer of Consider the following information about the price and the price index of a popular book over three years.  If the price index in 2011 was 95, which of the following is the percent change in the price of the book between 2010 and 2011?
A) -12.04% 
B) -5% 
C) -2.53% 
D) -13%

Consider the Following Information About the Price and the Price