Author Topic: RPI - what on earth ???!!! (Read 2890 times)

holtadit · « **on:** December 22, 2009, 12:45:02 pm »

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 · « **Reply #1 on:** December 22, 2009, 06:00:12 pm »

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 · « **Reply #2 on:** December 22, 2009, 08:27:37 pm »

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

holtadit · « **Reply #3 on:** December 22, 2009, 08:34:01 pm »

retail price index = RPI

Im doing igcse economics.

Same question as above.

holtadit · « **Reply #4 on:** December 23, 2009, 08:05:57 am »

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

wassup · « **Reply #5 on:** December 24, 2009, 08:44:23 am »

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