The price of a video game was reduced from $80 to $60. By what percentage was the price of the video game reduced? ?
To find the percentage reduction, the following calculation must be made:
Percentage Reduction = ((Original Price - New Price) / Original Price) x 100
Percentage Reduction = (($80 - $60) / $80) x 100
Percentage Reduction = ($20 / $80) x 100
Percentage Reduction = 0.25 x 100
Percentage Reduction = 25%
Therefore, the price of the video game was reduced by 25%.