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

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Answer:price of the bicycle was reduced by 25%

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%

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