Candy previously sold for $1.60 per pound is now offered for 48 cents in a 6 ounce package.what is the ratio of former price to present price?
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Answer:
P.S. 16 ounces= one pound
6 ounces = ?
∴6 ounces = pounds
48 cents = pounds
multiplying both sides by
108 cents = 1 pound in the new price
= $1.08 in the new price
therefore ratio of old to the new price = 5:3
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