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alina1380 [7]
3 years ago
8

The parking lot had 1.5 times more trucks than cars. After 45 more cars came to the parking lot and 12 trucks left, there were 1

7 more cars than trucks on the parking lot. How many cars were there on the parking lot?
Mathematics
1 answer:
Anika [276]3 years ago
7 0
11 cars were in the parking lot
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The prices of consumer goods do not always exactly follow the CPI. The following chart shows several consumer items, along with
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Customer price index is the price index which measures the weight average of price of basket of customers goods or services. The reasonable estimate of the current customer price index is 195. The option B is the correct option.

Given information-

The data table for the given problem is attached below.

<h3>Customer price index</h3>

Customer price index is the price index which measures the weight average of price of basket of customers goods or services. It can be given as,

CPI_t=\dfrac{C_t}{C_0} \times 100

Here C_t is the cost of market basket in current period and C_0 is the cost of market basket in the base period.

Cost of market basket in current period is.

C_t=126.85+29.95+2.25+44.25\\C_t=203.3

Cost of market basket in 1983 is,

C_0=67.45+15.25+1.15+22.85\\C_0=106.7

Put the value in the customer price index formula,

CPI_t=\dfrac{203.3}{106.7} \times 100\\CPI_t=190.5

Thus the value of current CPI is 190.5 which is near about the 195.

Hence the reasonable estimate of the current customer price index is 195. The option B is the correct option.

Learn more about the customer price index  here;

brainly.com/question/25495502

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Hat is the solution for the equation?
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a variable is a symbol which functions as a placeholder for varying expression or quantities, so x is the variable.

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Step-by-step explanation:

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