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Jolly Roger Peanut Butter cost $3.59 for a small jar last year. This year the jar costs $4.19. What is the inflation rate, to the nearest tenth percent?

Sagot :

Answer:

0.1671 or 16.7%

Step-by-step explanation:

Original cost: $3.59

Inflated cost: $4.19

$4.19 - $3.59 = $0.60

$0.60 / $3.59 = 0.1671 ---> 16.7%

Answer: 16.7%

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