Calculation type: Finding the value after a percentage increase.
Calculator usage: Option 1 (Direct method): Use the
Value Increase Calculator (“Original increased by Increase% is what?”). Enter $
5.00
[A] and
10% [B]. The calculator will directly give you the new gas price.
Option 2 (Step-by-step method): Step 1: Calculate the price increase amount. Use the
Basic Percentage Calculator (“What is A% of B?”). Enter
10 [A] and $
5.00 [B]. The calculator will determine
10% of $
5.00.
Step 2: Add the increase amount calculated in Step 1 to the previous price.
Formula explanation:
We want to find the new price of gas after a
10% increase from $
5.00.
Amount of increase = (
10 / 100) × $
5.00 =
0.1 × $
5.00 = $
0.50
New price = $
5.00 + $
0.50 = $
5.50