Anotebook costs $2.65 when the cpi is 182. in 1983, how many notebooks could you buy with $18?

a.
twenty
b.
fifteen
c.
twelve
d.
six

Option C -12

Step-by-step explanation:

Given : A notebook costs $2.65 when the CPI is 182.

To find : In 1983, how many notebooks could you buy with $18?      

Solution :

The formula of CPI is

Let n number of notebooks buy.

A notebook costs is $2.65.

The cost of n notebook is 2.65n.

The cost of notebook in base year is $18

CPI=182

Substitute all the values,

Approximately, The number of notebooks are 12.

Therefore, Option C is correct.

answer

false

explanation

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