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If the CPI was 207 in 2016 and 215 in 2017, What pay rise would HENRIETTA,...

If the CPI was 207 in 2016 and 215 in 2017, What pay rise would HENRIETTA, who earned $40,000 income in 2016, have to earn in order to keep her purchasing power Constant?

(a) 1,052

(b) 1,546

(c) 1,039

(d) 41,039

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Answer #1

The correct Option is ''(b)'' 1,546

Explanation below:-

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