I draw a square.
I label the midpoints of all the sides of this square.
I then connect these four midpoints to form another square.
The area of the original square is
the area of the new square.
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Let the big square have side length 2 x . By Pythagoras' theorem on one of the triangles in the corner we have the side length of the smaller square is:
x 2 + x 2 = 2 x 2 = 2 x
The ratio of areas is therefore:
( 2 x ) 2 ( 2 x ) 2 = 2 x 2 4 x 2 = 2
The answer is therefore T w o t i m e s
Another way of thinking about this is by splitting the square into 8 triangles (the size of the four triangles in the corner) and the big square covers 8 triangles and the small square covers 4 triangles:
4 8 = 2