Question

the price of a gallon of gas dropped from the summer high price of $3.50 to the winter low price of $2.87. By what percentage was the price of gas reduced?

Answer 1

Change/initial price*100

(3.50-2.87/3.50)*100
0.18*100=18 %

Answer 2

"18" was the percentage price of gas reduced.

Given:

Summer price,

• $3.50

Winter price,

• $2.87

Reduction of the price will be:

• $0.63

Now,

The percentage will be:

= $(\frac{0.63}{3.50}\times 100 )$

= $9\times 2$

= $18$ (%)

Thus the above answer is correct.

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