Math Problem Statement
.The price of sugar has been increased by 40%. By how much percent must this new price be decreased to retain its former price.
Solution
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Math Problem Analysis
Mathematical Concepts
Percentage Increase and Decrease
Algebra
Formulas
New Price = Original Price × (1 + Percentage Increase)
New Price After Decrease = New Price × (1 - Percentage Decrease / 100)
Theorems
Inverse Percentage Calculation
Suitable Grade Level
Grades 8-10
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