Question

In 2008, the price of a gallon of unleaded gasoline was $4.02. In 1990, it was only $1.37 per gallon. What is the increase expressed as a percent change? Round to the nearest percent.

Answer 1

The percent increase in the price of unleaded gasoline from 1990 to 2008 was approximately 193%.

Step-by-step explanation:

To find the percent increase, we need to calculate the difference between the two gas prices and then divide that difference by the original price. So, the difference is $4.02 - $1.37 = $2.65. Then, we divide $2.65 by $1.37 and multiply it by 100 to get the percent increase.

Percent increase = ($2.65 / $1.37) * 100 = 193.43%. Rounding to the nearest percent, the increase is approximately 193%.

Answer 2

In order to determine the change in percent, I divided 4.02/1.37 to get approximately 2.9. I expressed this as a percent to get 290%.

Step-by-step explanation: