Gold and platinum are mixed in a ratio 8 : 9 to make a ring. Find the ratio of their price in the ring if the price of platinum is 0.7 times the price of gold.

Gold and platinum are mixed in a ratio 8 : 9 to make a ring. Find the ratio of their price in the ring if the price of platinum is 0.7 times the price of gold. Correct Answer 80 : 63

Let the price of gold per unit be x. The price of gold in the ring = x * 8 = 8x The price of platinum per unit = 0.7 times the price of gold = 0.7x The price of platinum in the ring = 0.7x * 9 = 6.3x The ratio of price of gold to platinum in the ring = 8x : 6.3x = 80 : 63

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