Question

The price of gasoline is currently $3.11, this is a 14% increase from a year ago. What was the price of gas a year ago.

Answer 1

2.97%

Explanation:

Answer 2

2.72807 (aprox)

Explanation:

14% = 14/100 = 0.14

100% = 100/100 = 1

It was a increase

then 14% = 100% + 14% = 1 + 0.14 = 1.14

3.11 / 1.14 = 2.72807 (aprox)

Check:

2,72807 + (2.72807*0.14) = 2.72807 + 0.38193 = 3.11