Homework Answers
Answer= 85%
Inflation (rise in prices) between two years.
CPI in base year is equal to 100.
So, CPI in 2017 is 100
CPI in 2020 is given as 185.
So, inflation rate between 2020 is 2017 is
[(185-100)/100]*100 = 85%.
So, the answer is 85%.
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