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In 2020, the average price per gallon of gas was $2.90.
In 2022, the average price per gallon of gas was $4.17.

What was the percent increase from 2020 to 2022?

Round to the nearest tenth of a percent.

Answer :

Final answer:

The percent increase from 2020 to 2022 in gas prices is approximately 43.9%.


Explanation:

To find the percent increase from 2020 to 2022, we can use the formula:

Percent Increase = [(Final Value - Initial Value) / Initial Value] x 100

Plugging in the given values:

Percent Increase = [($4.17 - $2.9) / $2.9] x 100

Percent Increase = [1.27 / $2.9] x 100

Percent Increase ≈ 0.4389 x 100 ≈ 43.9%


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