Question

The price of a gallon of heating oil rose from 1.60 a gallon to 1.92 . by what percent did the price increase?

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Answer 1

Answer: required percent increase in price=20%

Explanation:

required percent increase in price=
`(1.92-1.60)/(1.60)`\times100

=
`(0.32)/(1.60)`\times100

=
`0.20*100`

=20%

Answer 2

20%

Explanation:

1.92 - 1.60 = 0.32

percentage increase = (0.32/1.60) * 100 =

0.2 * 100 = 20%