Math Problem Statement

previous years the price for gas was in total 583,60 euro per year this year the price per month is going to go up by 50 procent what will be the price per month this year

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage Increase
Basic Arithmetic

Formulas

Monthly price = Total price / 12
New monthly price = Old monthly price * (1 + Percentage Increase)

Theorems

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Suitable Grade Level

Grades 5-7