Question

The price of gas on Wednesday was 52.03/gallon. On Friday, the price of gas was $2.26. What is the percent change in the price of gas?

Answer 1

Answer:

Percent change in the price of gas is $9.85\%$

Step-by-step explanation:

Percentage change equals the change in value divided by the absolute value of the original value, multiplied by  .

$\text { Percentage Change }=\frac{\Delta V}{\left|V_{1}\right|} \times 100$

Here

$\Delta V=2.26-2.03\\\\=0.23\ /gallon$

$V_{1}=2.03\ /gallon$

The percent change in the price of gas

$=\frac{0.23}{2.03} \times100\\\\=9.85\%$

Percent change in the price of gas is $9.85\%$