Respuesta :
Given:
[tex]\begin{gathered} P_{\text{today}}=2.92,P_{today}=Price\text{ of a gallon of unleaded gas today} \\ P_{\text{yesterday}}=2.85, \\ P_{yesterday}=Price\text{ of a gallon of unleaded gas today} \end{gathered}[/tex]To Determine: The percentage increase round to the nearest 1oth of a percent
The formula for percentage increase is given below:
[tex]\begin{gathered} P_{in\text{crease}}=\frac{increase}{P_{\text{initial}}}\times100\% \\ In\text{crease}=P_{final}-P_{in\text{itial}} \end{gathered}[/tex]Substitute the given into the formula
[tex]\begin{gathered} P_{\text{yesterday}}=P_{i\text{nitial}}=2.85 \\ P_{\text{today}}=P_{\text{final}}=2.92 \\ \text{Increase}=2.92-2.85=0.07 \end{gathered}[/tex][tex]\begin{gathered} P_{in\text{crease}}=\frac{increase}{P_{\text{initial}}}\times100\% \\ P_{in\text{crease}}=\frac{0.07}{2.85}\times100\% \\ P_{in\text{crease}}=0.02456\times100\% \\ P_{in\text{crease}}=2.456\% \\ P_{in\text{crease}}\approx2.5\%(nearest\text{ 10th)} \end{gathered}[/tex]Hence, the percentage increase to the nearest 10th of a percent is 2.5%
