Math Problem Statement

The average cost of a gallon of gas during July was $2.45. The average cost of a gallon of gas during August was $2.78. What is the percent of change in the average cost of a gallon of gas from July to August? Round to the nearest whole percent.

Solution

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Math Problem Analysis

Mathematical Concepts

Percent Change
Arithmetic

Formulas

Percent Change = (New Value - Old Value) / Old Value × 100

Theorems

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Suitable Grade Level

Grades 6-8