SOLUTION: The republic of Bucolia has computed in CPI for three years, using 2016 as the base year. A gallon of paint in Bucolia cost $15.00 in 2015. In 2016, what is that price in dollar

Question 1148109: The republic of Bucolia has computed in CPI for three years, using 2016 as the base year.
A gallon of paint in Bucolia cost $15.00 in 2015. In 2016, what is that price in dollars?
https://i.postimg.cc/yN7YS5Tk/DP.png
Answer by ikleyn(52873) (Show Source): You can put this solution on YOUR website!
.


If x be the price of a gallon of paint in 2015, then


     = 0.94


from the condition.


From this equation,   x = 0.94*15 = 14.10 dollars.      ANSWER

Solved.

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