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The average price of gas in one city fell from $3.71 in June to $3.64 in July. Find the percent decrease, rounded to the nearest tenth of a percent.
A0.1%
B7.0%
C1.8%
D1.9%
Answer & Solution
Correct answer: D. 1.9%
1. Find the amount of decrease: 3.71 minus 3.64 equals 0.07.
2. The decrease is what percent of the original amount, so let p equal that percent.
3. The sentence translates to 0.07 equals p times 3.71.
4. Divide both sides by 3.71 and convert to percent form, rounding to the nearest tenth, to get 1.9%.
_Source: OpenStax Elementary Algebra (CC BY 4.0), Ch 3 "Math Models", section 3.2 Solve Percent Applications_
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