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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
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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
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