# Calculating price based on a consumer price index.

The consumer price index for a new car in 1990 was 110.2, and in 1995 it was

136.5. If the price of the car was $12,880 in 1990, what was the price in 1995?

a. $15,362

b. $15,954

c. $16,060

d. $16,267

https://brainmass.com/math/consumer-mathematics/3530

#### Solution Summary

Price based on a consumer price index is calculated.

$2.19