Question

the price of a chair is reduced by 25%.What is the ratio of:
i)Change in price to the old price
ii)old price to the new price

Answer 1

Step-by-step explanation:

Let the old price of the chair be ₹100.

Percentage by which its price is reduced= 25 percent.

So, amount by which its price is reduced = 25/100 * 100= ₹25

So, new price of the chair = ₹100+₹25= ₹125

i) Ratio of change in price to the old price = 25/100 = 1/4 = 1:4

ii) Ratio of old price to the new price = 100/125 = 4/5 = 4:5

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