Write the ratio in simplest form using a fraction.
A house with an original value of $270,000 increased in value to $330,000 in 5 years. What is the ratio of the increase in value to the original value of the house?
The increase in value is $330,000 - $270,000 = $60,000.
The ratio of the increase in value to the original value of the house is:
$60,000 / $270,000
Simplified, this ratio is:
1 / 4
incorrect
Apologies for the mistake. Let's recalculate:
Increase in value = $330,000 - $270,000 = $60,000
The ratio of the increase in value to the original value of the house is:
$60,000 / $270,000
Simplified, this ratio is:
1 / 4
So, the correct ratio in simplest form as a fraction is 1/4.
no its 2/9 why
I apologize for the mistake in my previous responses. Let's calculate the ratio correctly this time.
Increase in value = $330,000 - $270,000 = $60,000
To find the ratio of the increase in value to the original value of the house, we set it up as a fraction:
$60,000 / $270,000
Simplify the fraction by dividing both the numerator and the denominator by their greatest common factor, which is $30,000:
$60,000 ÷ $30,000 = 2
$270,000 ÷ $30,000 = 9
So, the correct ratio of the increase in value to the original value of the house in simplest form as a fraction is 2/9. Thank you for pointing out the error, and I appreciate your understanding.
Write the ratio in simplest form using a fraction.
A house with an original value of $140,000 increased in value to $220,000 in 5 years. What is the ratio of the increase in value to the original value of the house?
The increase in value is $220,000 - $140,000 = $80,000.
The ratio of the increase in value to the original value of the house is:
$80,000 / $140,000
Simplified, this ratio is:
$80,000 / $140,000 = 8 / 14
This ratio can be further simplified by dividing both the numerator and denominator by 2:
8 ÷ 2 = 4
14 ÷ 2 = 7
So, the ratio of the increase in value to the original value of the house in simplest form as a fraction is 4/7.