Solve percentage problems involving inflation

In this unit students learn to understand and calculate percentage increase problems in the context of inflation. The first page focuses on increasing given amounts by 10%, 25% and 12% each year over a 5 year period. The following two pages present a number of different word problems. Students need to calculate the inflated cost of a given item using the given inflation rate = over a 1 year, 5 year and 10 year period. Answers are provided.