Question

A bike cost $200 but is reduced by 30% in a sale. how much is the bike reduced by? what does it cost in the sale

i want full solution not only answere

Answer 1

The bike costs $200 and is reduced by 30%

The cost price = $200, percentage loss is 30% or 0.3

We calculate how much the bike's cost is reduced by multiplying its original price with the factor 0.3 = 200 * 0.3 = 60

1. That means it was reduced by $60

Since $60 was removed from the original price, the sale price becomes $200 - $60 = $140

2. Therefore it costs $140 in the sale.