RPI - what on earth ???!!!

Qualification > Commerce

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holtadit:
In paper 4 they ask to describe how the RPI is calculated.

Could you give me the proper answer of how it is calculated ?

SGVaibhav:
what on earth r u doing cambridge or edexcel
what on earth r u doing subject?
what on earth r u doing what is rpi? [full form]
lol

astarmathsandphysics:
Retail price index. If rpi increases from 110 to 120 the rate of inflation is (120-110)/110*100%=9.09%

holtadit:
retail price index = RPI

Im doing igcse economics.

Same question as above.

holtadit:
astar i need more than that. I want to know the steps to the whole process.

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