What is the approximate percentage difference in average price of petrol in 2004 and 2014?
What is the approximate percentage difference in average price of petrol in 2004 and 2014? Correct Answer 102%
Price of petrol in 2004 = 36.49Price of petrol in 2014 = 73.70
Average Difference
= $$\frac{\text{Difference between 2004-2014}}{\text{Price of petrol in 2004}}$$ × 100
= $$\frac{37.31}{36.49}$$ × 100
= 102%