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Miscellaneous·2024·Easy

f the price index increased from 100 in 2021 to 110 in 2022 to 132 in 2023, then the rate of inflation is :

f the price index increased from 100 in 2021 to 110 in 2022 to 132 in 2023, then the rate of inflation is :

Options

  1. a.

    10%

  2. b.

    20%

  3. c.

    32%

    Correct answer
  4. d.

    Cannot be determined

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