Question: I . 2 4 Percents up and down. Between October 1 4 , 2 0 1 7 , and October 1 4 , 2 0

I.24 Percents up and down. Between October 14,2017, and October 14,2018, the average price of regular gasoline increased from $2.46 per gallon to $2.90 per gallon.
a. Verify that this is almost an 18% increase in price.
b. If the price of gasoline decreases by 18% from it October 14,2018, level of $2.90 per gallon, what would be the new price? Notice that an 18% increase followed by an `8% decrease does not take us back to the starting point.

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