Oil prices are projected to increase by 50% by next March. A quart of oil currently costs 1.85. What is the projected cost of a gallon of oil next March?

Solution

Solution

Amount after addition : 2.775

Solution steps

Translate the problem into an equation:

x = 1.85 + 0.5 \cdot 1.85

x = 1.85 + 0.5 \cdot 1.85 : x = 2.775

Amount after addition : 2.775

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