Question

The price of a gallion of unleaded gas has risen to $2.89 today. Yesterday's price was $2.84. Find the percentage increase, Round your answer to the nearesttenth of a percentX5 ?

Answer 1

1.8%

Step-by-step explanation:

Given the original price as $2.84 and the new price as $2.89, let's go ahead and determine the increase in price as seen below;

`\begin{gathered} \text{Increase }=\text{ New price - Original price} \\ =2.89-2.84 \\ =0.05 \end{gathered}`

We'll use the below formula to determine the percentage increase;

`\begin{gathered} \text{Percentage Increase }=\frac{Increase}{\text{Original price}}*100 \\ =(0.05)/(2.84)*100 \\ =0.0176*100 \\ =1.8\text{\%} \\ \end{gathered}`