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Self-paced homework assignment

 
 
Picture of Jerry Jialin Yu
Self-paced homework assignment
by Jerry Jialin Yu - Saturday, 3 December 2016, 1:32 PM
 


Last month the price of gas was $\$1.10$ per gallon. This month gas is selling for $\$1.32$ per gallon. Find the percentage increase in the price of gas per gallon.



can anyone please explain to me why the answer to this problem is $20\%$?

(Edited by Areteem Institute - original submission Saturday, November 26, 2016, 4:04 PM)

 
Picture of David Reynoso
Re: Self-paced homework assignment
by David Reynoso - Monday, 28 November 2016, 12:31 PM
 

Hello Jiaqi,


We've added files with  the solutions to the HW assignments in the class site. Each file contains both the answer and a  detailed solution to each of the problems assigned for HW.


Please take a look at the files and let us know if you still have any questions on those problems,

David


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Re: Self-paced homework assignment
by Areteem Institute - Saturday, 3 December 2016, 1:31 PM
 

To answer the original problem: the price increase is $1.32-1.10=0.22$.  This amount is $20\%$ of the original price $1.10$ ($0.22\div 1.10 = 0.2 = 20\%$), therefore it is a $20\%$ increase.