We appreciate your visit to From 1970 to 1980 the Consumer Price Index CPI increased from 38 8 to 82 4 If a container of onion dip cost 0 48. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
We need to find the percent increase from 38.8 to 82.4, so
x * 38.8 = 82.4
x = 82.4/38.8
x = 2.1237
Multiply by 100 to convert to percentage (move decimal 2 places to the right)
2.1237 = 212.37%
Now we can apply this percentage increase to the onion dip...
0.48 x 212.37% =
0.48 x 2.1237 = 1.019
Round to the nearest cent $1.02 is the amount of increase. Now add it to the original price to get today's price...
$1.02 + .48 = $1.50
x * 38.8 = 82.4
x = 82.4/38.8
x = 2.1237
Multiply by 100 to convert to percentage (move decimal 2 places to the right)
2.1237 = 212.37%
Now we can apply this percentage increase to the onion dip...
0.48 x 212.37% =
0.48 x 2.1237 = 1.019
Round to the nearest cent $1.02 is the amount of increase. Now add it to the original price to get today's price...
$1.02 + .48 = $1.50
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