Math Problem Statement

Gas prices averaged $4.33 per gallon in January and $3.89 per gallon in February. What was the percent decrease of the average gas price from January to February?

8.98% 10.16% 11.31% 44%

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage
Percent Decrease
Basic Arithmetic

Formulas

Percent Decrease = ((Old Price - New Price) / Old Price) * 100

Theorems

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Suitable Grade Level

Grades 6-8