The value of a mutual fund increased by 3 1/8%. write 3 1/8% as a fraction in simplest form. justify your answer

Step-by-step explanation:

Given : The value of a mutual fund increased by .

To write as fraction, we first convert it in improper fraction.

i.e.

To convert percentage to fraction, we generally divide it by 100 , we get

Hence, the answer is

in problems involving proportions, we can use cross products to test whether two ratios are equal and form a proportion. to find the cross products of a proportion, we multiply the outer terms, called the extremes, and the middle terms, called the means.

hope it

i need a diagram

step-by-step explanation:

no