Question

The price of gasoline rose from 3.00$ to 3.15$ in one month. By what percent did the gas price rise?​

Answer 1

The gas price rose by 5%.

Step-by-step explanation:

To calculate the percentage increase in price, we can use the formula:

Percentage increase = ((New price - Old price) / Old price) * 100%

Substituting the given values, we have:

Percentage increase = ((3.15 - 3.00) / 3.00) * 100% = 0.15 / 3.00 * 100% = 5%

Therefore, the gas price rose by 5%.

Answer 2

5%

Step-by-step explanation:

3.15/3= 1.05

So, it rose by 0.05x which is equal to 5%