Question

A hypothetical example of annual rate of inflation in country .A 2018,2019, and 2020( in %) were 10%,30% and 90% respectively find the avarage rate of inflation for the three years

Answer 1

The average rate of inflation will be:

$\begin{gathered} \frac{10+30+90}{3}= \\ \frac{130}{3}=43,333 \\ \end{gathered}$

Answer: 43,33%