Consumption Baskets and Prices over Two Months November 2010 December 2010 Date Goods Quantity Price Quantity Price 120 kg E1.00/kg Sugar 70 kg 60.90/kg 60 kg E0.60/kg 50 kg 60.80/kg Cotton Assuming the base period for 2010 consumption is November and the initial price index is set at 100, then the inflation rate after calculating the December price index as a Laspeyres index is closest to: A. 19.2 percent. B. 36.4 percent. C. 61.6 percent