90.3k views
4 votes
The price of a gallon of gas in one month was $2.60. The following month, the price was $2.99. What is the percent increase in the price of one gallon of gas?

User Jvrmed
by
9.2k points

1 Answer

6 votes

Answer:

Explanation:

From the question, we are informed that the price of a gallon of gas in one month was $2.60 and that the following month, the price was $2.99.

Change in price = New price - Old price

= $2.99 - $2.60

= $0.39

Percentage increase= Change in price/Old price × 100

= 0.39/2.60 × 100

= 0.15 × 100

= 15%

The percent increase in the price of one gallon of gas is 15%.

User Srikan
by
8.8k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories