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The price of a cell phone was reduced from $450 to $225. By what percentage was the price of the cell phone reduced?

Question

The price of a cell phone was reduced from 450to450 to 225. By what percentage was the price of the cell phone reduced?

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Solution

1. Break Down the Problem

To find the percentage reduction in the price of the cell phone, we need to:

  1. Calculate the amount reduced in price.
  2. Use the percentage formula to find the reduction percentage.

2. Relevant Concepts

The formula for percentage reduction is:
Percentage Reduction=(Original PriceNew PriceOriginal Price)×100 \text{Percentage Reduction} = \left(\frac{\text{Original Price} - \text{New Price}}{\text{Original Price}}\right) \times 100

3. Analysis and Detail

  1. Calculate the amount reduced: Amount Reduced=450225=225 \text{Amount Reduced} = 450 - 225 = 225

  2. Calculate the percentage reduction: Percentage Reduction=(225450)×100 \text{Percentage Reduction} = \left(\frac{225}{450}\right) \times 100

4. Verify and Summarize

Now calculate the expression: 225450=0.5 \frac{225}{450} = 0.5 Thus, Percentage Reduction=0.5×100=50% \text{Percentage Reduction} = 0.5 \times 100 = 50\%

Final Answer

The price of the cell phone was reduced by 50%.

This problem has been solved

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