To find the percentage increase, we need to calculate the difference between the final and initial prices and then divide it by the initial price. Finally, we multiply the result by 100 to get the percentage.
The difference between the final and initial prices is: 14,200 - 9,000 = 5,200 pesos.
The percentage increase is: (5,200 / 9,000) * 100 = 57.78%.
Therefore, the price of gasoline in Colombia has increased by approximately 57.78%.
In Colombia the price of a gallon of gasoline was 9,000 pesos and after a year it becomes 14,200, what percentage of increase has been?
1 answer
1 answer