The price of a commodity was increased in the ratio 5:4. After one month the same commodity was reduced in the ratio 7:8 to attract more customers. If the new price is sh35 calculate the price of the commodity

Darren Bachan asked Jun 13, 2023

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Darren Bachan asked Jun 13, 2023

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13 votes

Answer:

sh. 32

Explanation:

Before the reduction, the cost was
35(8/7)= sh. 40.

Therefore, the price before the increase was
40(4/5)= sh. 32.

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