The national average cost of gas in the year 2000 was $1.51 a gallon currently the average of four a gallon of gas is $3.57. What is the percentage of change
To calculate the percentage of change, we can use the following formula:
Percentage of Change = ((Final Value - Initial Value) / Initial Value) * 100
Using this formula, let's calculate the percentage of change in the average cost of gas:
Initial Value (year 2000) = $1.51
Final Value (current) = $3.57
((3.57 - 1.51) / 1.51) * 100 = (2.06 / 1.51) * 100 ≈ 136.42%
Therefore, the percentage of change in the average cost of gas is approximately 136.42%.