2.1
A bar of soap currently cost R8,51 in 2018. The expected inflation rate for 2019 will
be 6,3%.
What will the price of the soap be in 2019?
(2)
2.2
The price of a dress is R1 300,95 in 2018. What was the price of the dress in 2017, if
the inflation rate for 2017 was 6,5%?
(4)
2.3
A set of chairs increases in price from R17 355,75 to R19 943,99.
Calculate the inflation rate for this period.
You may use the following formula:
Inflation rate
=
price difference
original price
× 100
2.4 In November 2009 Statistics SA announced that the annual inflation
rate was 5,8%.
Determine the price of a bicycle in November 2008 if it cost
R1 586,95 in November 2009.
(4)
(4)
1141
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