Question

Last week, the price, in dollars, of a gallon of gasoline was g. This week the price of gasoline per gallon increased by 5%. Which expressions represent this weeks price, in dollars, of a gallon of gasoline?
A. g+0.05
B. g+0.05g
C. 1.05g
D. 0.05g
E. (1+0.05)g

Answer 1

The price of gasoline in this week is 1.05g. Option C

Step-by-step explanation:

Given,

The price of a gallon of gasoline = g in last week.

The price of gasoline increased by 5% this week.

To find the price of gasoline this week.

Formula

If an original price of an object a increased by b% the final price will be = a×$\frac{100+b}{100}$

So,

The price of gasoline in this week = g×1.05 = 1.05g

[ Please note: Here option C and E have same value. So, both are correct].