Question

The price of gas at the pump recently rose from $2.95 to $3.04 in one week. This represents what percent increase?

Answer 1

Explanation:

(3.00 - 2.40)/2.40 = p/100;

Then. 0.60/2.40 = p/100;

1/40 = p/100;

p = 100/40;

p = 2.5;

The percentage increase was 2.5%;