Jacob noticed that there was a 23 percent increase in the gas prices from the day before.

If the gas price the day before was $3.49, what is the approximate price of gas today?



Jacob noticed that there was a 23 percent increase in the gas prices from the day before.

If the gas price the day before was $3.49, what is the approximate price of gas today?

$4.29

$2.69

$3.26

$3.72

SHOW YOUR WORK

To find the price of gas today, we need to calculate the 23% increase from $3.49.

First, convert the percentage increase to a decimal by dividing by 100:
23% / 100 = 0.23

Next, multiply the gas price by the decimal increase:
$3.49 * 0.23 = $0.8027

Now, add the increase to the original price:
$3.49 + $0.8027 = $4.2927

The price of gas today is approximately $4.29.