Reduce the following fractto their lowest form
1 answer:
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Answer:
Ratio of the increase in value to the original value will be 1 : 5
Step-by-step explanation:
This question is incomplete; Here is the complete question.
A house with an original value to $150,000 increased in value to $180,000 in 5 years. what is the ratio of the increase in value to the original value of the house?
Original value of the house = $150000
Value of the house after 5 years = $180000
Appreciation in value of the house after 5 years = $180000 - $150000
= $30000
Now the ratio of the increase in value to the original value =
=
= or 1 : 5
Therefore, ratio of the increase in value to the original value of the house is 1 : 5