The price of a sugar has been increased by 40%. By how much % must this new price be decreased to retain its former price. Ans is 200/7 how
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let the initial price of sugar be 'x'
increase in price = 40% = 40%(x)= 0.4x
modified price = x + 0.4x = 1.4x
percentage of reduction to bring it back to original price = 0.4x/1.4x = 0.28 = 28% = 200/7
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