if the price of rice has increased by 60%.restrore the orginal price the new price must be reduced by.?
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40%........................
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Let the original price be 100.
Given that the price has increased by 60%. = 100 + 60 = 160.
On reduction the 160 the price is 60.
On reduction of 100, the price will be 60/160 * 100
= 37.5
= 37 1/2%.
Hope this helps!
Given that the price has increased by 60%. = 100 + 60 = 160.
On reduction the 160 the price is 60.
On reduction of 100, the price will be 60/160 * 100
= 37.5
= 37 1/2%.
Hope this helps!
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