Using proportion concepts, it is found that the equivalent statement is:
(F) The price now is 66 2/3 % of what it was before
The statement is:
"price decreased by 1/3"
It decreases by 1/3, thus it is [tex]\frac{2}{3} = 0.6667 = 66\frac{2}{3}\%[/tex] of what was before, which means that the equivalent statement is given by option F.
As for the other statements, they do not have the correct percentage or ratio, which we found above.
A similar problem is given at https://brainly.com/question/10491646