100% 5% = 95% = 0.95.
0.95x = 24,035,
X = $25300.
Which of the following salaries will have a purchasing power of $24,035 if the inflation rate is five percent?
A-$25,815
B-$27,523
C-$26,000
D-$25,300
2 answers
The graph represents the purchasing power if the inflation is 12%. Estimate the purchasing power of a monthly salary of $3000?
2 answers