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%
