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

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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?
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Answer by ikleyn(52867) About Me  (Show Source):
You can put this solution on YOUR website!
.

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


    x%2F15 = 0.94


from the condition.


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

Solved.