Jacob noticed that there was a 23 percent increase in the gas prices from the day before.

If the gas price the day before was $3.49, what is the approximate price of gas today?

$3.26

$2.69

$4.29

$3.72

1 answer

The approximate price of gas today would be $4.29.

To calculate this, we first find the increase in price:

23% of $3.49 = 0.23 x $3.49 = $0.80

Then we add this increase to the original price:

$3.49 + $0.80 = $4.29