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The price of gas at the local gas station was $5.00 per gallon a month ago; today it is $5.50 per gallon. Suppose the price of gas goes down by the same percentage amount over the next month as it went up over the last month. What will the price of gas be then?

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$4.95

Step-by-step explanation:

Initial price of gas was $5.00 a month ago

Today price of a gas is $5.50 per gallon

Increase in price= $5.50-$5.00=$0.50

%increase= 0.50/5.00 *100 =10%

Current price= $5.50

decrease current price by 10% is by multiplying the current price by 90%

90/100 * 5.50 = $4.95

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Percentage increase:https://brainly.com/question/2057448

Keywords : price, gas, gallon, month, down

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