Post Utme Lasu 2025 Economics Question 40

Practice objective / multiple choice question 40 from the 2025 Post Utme Lasu Economics examination.

Post Utme Lasu 2025 Economics Objective / Multiple Choice
Question 40 POST_UTME_LASU • 2025 • ECONOMICS • objective

A country's inflation rate is given by the formula: Inflation Rate = \( CPI - CPI_last_year \) / CPI_last_year * 100. If the current CPI is 120 and the CPI last year was 100, find the inflation rate.

Answer Options

A. 20%
B. 30%
Correct Answer C. 40%
D. 50%
Correct Answer
C
Correct Option:
40%

About This Question

This is Post Utme Lasu 2025 Economics Question 40. It is one of the objective questions from the 2025 Post Utme Lasu Economics examination.

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