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In 1992, Jason bought a gallon of gas for $1.16. Yesterday, he bought a gallon of gas for $2.08. What is the percentage increase of the price of a gallon of gas from 1992 to yesterday? If necessary, round to the nearest tenth of a percent.

Answer :

Price in 1992 = $1.16
Price yesterday = $2.08

Price increased = $2.08 - $1.16 = $0.92

Percentage increased = 0.92/1.16 x 100 = 79.3% (nearest tenth)

Answer: 79.3%

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