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Gas prices declined by 5 cents over the past week. if this represents a 5.1% decrease, what is the current price of gas?

Solution

Gas prices declined by 5 cents over the past week. if this represents a 5.1% decrease, what is the current price of gas?

Solution

Amount after reduction : 4.745

Solution steps

Translate the problem into an equation:

x = 5 - 0.051 \cdot 5

x = 5 - 0.051 \cdot 5 : x = 4.745

Amount after reduction : 4.745

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