QUESTION 2(continue) 2.3 The prices of 1 kg of corn fl…

Written by Anonymous on July 17, 2021 in Uncategorized with no comments.

Questions

QUESTION 2(cоntinue) 2.3 The prices оf 1 kg оf corn flаkes wаs R52,95 in June 2016 аnd R55,95 in June 2017   2.3.1 The price changes shown above are as a result of inflation. Explain the term inflation from the above context.  (3) 2.3.2 Calculate the inflation rate used for the price changes on the cornflakes. Give your answer to the nearest percentage.  You may use the formula:  Inflation rate =

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