The fraction is
Step-by-step explanation:
Let,
The denominator of fraction = x
Numerator of fraction = x-3
Fraction =
According to given statement;
1 is added to the numerator, the value of the fraction becomes 3/4.
Using cross multiplication
Keywords: fraction, division
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Mr. Gardener's annual interest rate is 8%.
40,000/500,000 = 0.08