The price of a gallon of unleaded gas was
$2.86
yesterday. Today, the price fell to
$2.81
. Find the percentage decrease. Round your answer to the nearest tenth of a percent.
The price of a gallon of unleaded gas has dropped to today. Yesterday's price was . Find the percentage decrease. Round your answer to the nearest tenth of a percent.
The price of a gallon of unleaded gas has dropped to $2.80 today. Yesterday's price was $2.86 . Find the percentage decrease. Round your answer to the nearest tenth of a percent.
To find the percentage decrease, we can use the formula:
Percentage decrease = ((Original value - New value) / Original value) * 100
Given that the original price of unleaded gas was $2.86 and the new price is $2.81, we can substitute these values into the formula to calculate the percentage decrease:
Percentage decrease = (($2.86 - $2.81) / $2.86) * 100
Simplifying this expression:
Percentage decrease = ($0.05 / $2.86) * 100
Performing the division:
Percentage decrease = (0.0175) * 100
Percentage decrease = 1.75
Therefore, the percentage decrease is 1.75%.