Question

The price of a television was reduced from $250 to $200. By what percentage was the price of the television reduced?

Answer 1

To find the percentage reduction in the price of the television, you can use the formula for percentage change:

\[
\text{Percentage Reduction} = \left( \frac{\text{Original Price} - \text{Reduced Price}}{\text{Original Price}} \right) \times 100
\]

In this case, the original price is $250 and the reduced price is $200.

1. Calculate the amount of reduction:
\[
\text{Amount of Reduction} = 250 - 200 = 50
\]

2. Now, plug the values into the formula:
\[
\text{Percentage Reduction} = \left( \frac{50}{250} \right) \times 100
\]

3. Calculate the fraction:
\[
\frac{50}{250} = 0.2
\]

4. Now multiply by 100 to get the percentage:
\[
0.2 \times 100 = 20\%
\]

So, the price of the television was reduced by **20%**.