Question

The price of a bicycle was reduced from $120 to $90. By what percentage was the price of the bicycle reduced?

Answer 1

Answer:price of the bicycle was reduced by 25%

Step-by-step explanation:

Step 1

Old Price of bicycle = $120

New Price of  bicycle= $90

Price decrease= $120-$90= $30

Step 2

Percentage decrease = Decrease / Original price x 100

= (30/120)  x 100

1/4 x 100

= 25%

Therefore the percentage decrease in the price is 25%