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Finance

Consumer Index Calculator

Finance

CAT & MBA Verified formulaSI defaultsCompatible units
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Consumer Index

Equation and meaning

\[CPI = ( ( ( ( ( Cost_of_basket_at_current_prices ) ) / ( ( Cost_of_basket_at_base_period_prices ) ) ) ) ) \cdot 100\]

Use this equation when the shown variables describe your problem. Keep all inputs in compatible units; the calculator converts them to SI internally before solving.

Variables in this formula

Cost_of_basket_at_base_period_prices — Cost Of Basket At Base Period Prices
Enter this value unless it is the selected unknown.
Cost_of_basket_at_current_prices — Cost Of Basket At Current Prices
Enter this value unless it is the selected unknown.
CPI — Cpi
Enter this value unless it is the selected unknown.

How to use this calculator

  1. Leave one value emptyThe empty field is automatically treated as the unknown.
  2. Enter known values and unitsChoose N, kgf, dyn, SI or another compatible unit when available.
  3. Review the automatic answerThe result appears immediately and is substituted back into the formula to check the residual.
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