In 1992, Jason bought a gallon of gas for $1.20. Yesterday, he bought a gallon of gas for $2.24. 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 a percent.

Respuesta :

Answer: 86.7%

Step-by-step explanation:

[tex]\dfrac{New - Original}{Original}[/tex]

[tex]\dfrac{\$2.24 - \$1.20}{\$1.20}[/tex]

= [tex]\dfrac{\$1.04}{\$1.20}[/tex]

= 0.867

= 86.7%