the price of foodstuff generally increased by 20% at the beginning of a drought season and the new price reduced by 30% during harvesting season Express the new price as a ratio of the original price in its lowest form
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Answer:
- Ratio between the new price and the original price is 21 : 25.
Given that:
- Price of food stuff increased by 20% at the beginning of a drought season.
- The new price then reduced by 30% during harvesting season.
To Find:
- Ratio between new price and original price.
Let us assume:
- Original price of the food stuff be x.
Price of the food stuff during drought season:
x + (20% of x)
Price of food stuff during harvesting season:
Ratio between new price and original price:
21 : 25
Hence, the ratio between the new price and the original price is 21 : 25.
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