Question

in 1992 Jason bought a gallon of gas for$1.22 yesterday he bought a gallon of gas for$2.18 what is the percentage increase of the price of a gallon of gas from 1992 to yesterday if necessary round to the nearest tenth of percent

Answer 1

Greetings!

Answer:

The percentage increase is 78.68%!

Step-by-step explanation:

To find the percentage increase, firstly you need to find the difference in the two values:

2.18 - 1.22 = 0.96

Then simply divide the difference by the original amount:

0.96 ÷ 1.22 = 0.7868

Multiply by 100 to get a percentage:

0.7868 x 100 = 78.68

So the percentage increase is 78.68%!

Hope this helps!

Answer 2

Answer:

The percentage increase of the price of a gallon of gas from 1992 to yesterday is 78.7%.

Step-by-step explanation:

Consider the provided information.

In 1992 Jason bought a gallon of gas for$1.22

Yesterday he bought a gallon of gas for$2.18

The increment in price can be calculated as:

$\ 2.18-\ 1.22= \ 0.96$

We need to calculate the percentage increase of the price of a gallon of gas from 1992 to yesterday.

Which can be calculated as shown below:

$\frac{0.96}{1.22}\times 100$

$0.7868\times 100$

78.68%

Round to the nearest tenth of percent 78.7%.

Hence, the percentage increase of the price of a gallon of gas from 1992 to yesterday is 78.7%.