Quote:
Originally Posted by metoo21
I call fake news.  21 to 53 is a 152% increase.
53 - 21 = 32
(32/21) x 100 = 152.38%
If it jumped 250% it would have been 250% higher than 21.
21 + (21 x 2.5) = $73.50 |
You are correct. I should have written that the cost of crude went up by a factor of 2.5
53 / 21 = 2.52