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the price of a gallon of unleaded gas was $2.79 yesterday. today, the price rose to $2.85 . find the percentage increase. round your answer to the nearest tenth of a percent.

User Isaac B
by
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2 Answers

2 votes

Answer:

2.2%

Explanation:

We first find how much the price increased from yesterday.

Amount of increase: $2.85- $2.79 = $0.06

To find the rate of increase, we divide the amount of increase by yesterday's price.

Rate of increase: $0.06/$2.79 = 0.0215

We convert this rate to a percentage by multiplying it by .

Percentage increase: (100x0.0215)%= 2.15%

Rounding to the nearest tenth of a percent, we get : 2.2%

FINAL ANSWER : 2.2%

User Batfastad
by
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5 votes
Yesterday = $2.79
Today = $2.85

% Increase = ((2.85 - 2.79) / 2.79) * 100%

= (0.14/2.79) * 100%

≈ 0.0501 * 100%

≈ 5.01 %

≈ 5.0 % to the nearest tenth.
User Zareen
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8.6k points