Question

Over a one week period in the summer, the price of a gallon of gas increased from $2.35 to $2.82. By what percent did the price of gas increase over that week?

Answer 1

The price of gas increases from $2.35 to $2.82 or by $0.47 ($2.82 - $2.35 = $0.47).
The increase as a percentage of the original price is given by
($0.47/$2.35) x 100% = 20%

The answer is 20%
Hope this helps :)

Answer 2

The percentage increase from $2.35 to $2.82 over the week in summer is 20%

Given Data

Initial Value = $2.35

Final Value = $2.82

We know that the expression for Percentage increase is given as

% Increase = Increment/Initial Value *100

% Increase = 2.82-2.35/2/35 * 100

% Increase =0.47/2/2.35 * 100

% Increase =0.2* 100

% Increase = 20%

Hence the percentage increase is 20%

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