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The Consumer Price Index (2014/2015-based index) of Oct 2016 was 103, and the Consumer Price Index (2014/2015-based index) of Oct 2017 was 116. What was

The Consumer Price Index (2014/2015-based index) of Oct 2016 was 103, and the Consumer Price Index (2014/2015-based index) of Oct 2017 was 116. What was the inflation rate?

A. 10.7%

B. 9.6%

C. 14.0%

D. 12.6%

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