If something cost 100 pounds 10 years ago with inflation how much would it be now?

Question

If something cost 100 pounds 10 years ago with inflation how much would it be now?

Answer 1

http://www.westegg.com/inflation/

this will tell you!

Answer 2

Assuming 3% per annum inflation, it would be about 134.39 (100 * 1.03^10).  Of course, that would just be in generality; A lot of things would cost more now a lot less.

Answer 3

probably priceless lol

Answer 4

After many years of Studying economics and the UK economy, i have not done a caculation like this for some time.

Glad there's a question like it.

£100.00 in 1997 is equivalent to £117.80 in 2007

In other words, £100.00 in 2007 could buy the same as £84.62 could in 1997

I can not calculate what the inflation rate would be from 1998 to the present day as the Consumer Price Index (CPI) has not officially released the 2008  figuires yet.

Hope this helps.

xx

Answer 5

10 pounds.  Just guessing.  What are you selling.