Question

The price of gas changed from $2.34 to $3.22. Calculate the percent change in the price of gas?

a 0.88%
b 5.56%
c 25%
d 37.6%

Answer 1

37.6% (Answer d)

Explanation:

The increase in price was $3.22 - $2.34), or $0. 88

Now determine what percentage of the original price, $2.34, $0.88 is:

$0.88

------------ * 100^ = 37.6% (Answer d)

$2.34