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