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The average inflation rates for the period 2016 to 2017 are shown in the following iable.
2017
1 2018
Average Inflation rate 4,51%
6,59%
Cost of a brown bread
R9.99
A
8.1.1
Explain the meaning of the term inflation rate.
8.1.1
Calculate the cost of a loaf of brown bread in 2017 by using the average
inflation rates that are given in the table above.
ON NO: 3
: MAPS AND SCALES
ensure Learners know the following:
IBER/RATIO SCALE​