Question

Oil prices are projected to increase by 75% by next May. A quart of oil currently costs $2.15. What is the projected cost of a gallon of oil next May?

Answer 1

Answer:

$3.7625

Step-by-step explanation: I may be wrong but...

If you find 75% of $2.15 it is equal to $1.6125.

Since in "increases" we are going to add $1.6125 to $2.15.

You get the answer of $3.7625.