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    Calculating the price index in an algebraic word problem.

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    Determine the price index for a product that sold for $8.99 in 1999, compared to
    $6.99 in 1996.
    a. 77.75
    b. 122.25
    c. 128.61
    d. 177.75

    © BrainMass Inc. brainmass.com March 4, 2021, 5:38 pm ad1c9bdddf
    https://brainmass.com/math/basic-algebra/calculating-the-price-index-in-an-algebraic-word-problem-3529

    Solution Summary

    Price index is calculated.

    $2.49

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