Exhibit 19-3.Consider the following information about the price and the price index of a popular book over three years. Refer to Exhibit 19-3.If the price index in 2011 was 95,calculate the percent change in the price of the book between 2010 and 2011.
A)-12.04%
B)-5%
C)-2.53%
D)-13%

Question

Exhibit 19-3.Consider the following information about the price and the price index of a popular book over three years.  Refer to Exhibit 19-3.If the price index in 2011 was 95,calculate the percent change in the price of the book between 2010 and 2011.
A)-12.04% 
B)-5% 
C)-2.53% 
D)-13%

Quizplus · Accepted Answer

The Answer of Exhibit 19-3.Consider the following information about the price and the price index of a popular book over three years.  Refer to Exhibit 19-3.If the price index in 2011 was 95,calculate the percent change in the price of the book between 2010 and 2011.
A)-12.04% 
B)-5% 
C)-2.53% 
D)-13%