A bike priced for $50 but when jerome arrived at the counter to purchase the bike the cashier told him the bike was $25 what percent was the bike reduced by
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Answer: The price of the bicycle was reduced by 50%.
Step by step explanation:
The percentage P by which the price of the bicycle was reduced is:
P = 100 (Price difference) / (previous price)
In our case:
P = 100 (50 - 25) / 50
P = 100 (25/50)
P = 100 (0.5)
P = 50%
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