Calculating the Percentage Change in Consumer Prices | Personal Finance Series

[@E2Anime]

On what planet dividing 232 by 12 = 4.9

[@west8563]

12/244 = 4.9%, 12/232 = 5.1%

[@ylianarodriguez5043]

The awkward moment when you post a video to youtube to teach others but your math is wrong. I calculated this too many times wondering what the heck was wrong with my calculator. lol smh

[@CorrectCrusader]

HE'S ALIVE!!!

[@nurulamisahbintimasrin5245]

Hi sir, what if I got some question that not tell the amount of 2003. Fir example: the question ask me to calculate the percentage change in general price level between 2003 and 2006 but its only given CPI of 2006? So how should I calculate that one?

[@tayanaliss9713]

Thank you sir for the video, but I have a question. Why are we not using the base year (100) as the divisor instead of 232?

[@thomaswhite1938]

2013 is the base year, so 232 is the base.

[@alumi9818]

because you are calculating a % change between two numbers so you use the formula of (old-new)/old * 100%

[@alumi9818]

increase in CPI doesn't necessarily mean a decrease in my income considering the fact that CPI is dependant also on products that I may not use, which might've risen drastically

[@lowellbentley]

It comes to 5.17 percent, wrong!

[@skahar9195]

its 5.1% not 4.9.