SOLUTION: a bicycle costs $75. If it was marked down by 20%. What is the new price of the bike?

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Question 595776: a bicycle costs $75. If it was marked down by 20%. What is the new price of the bike?
Found 2 solutions by jerryguo41, stanbon:
Answer by jerryguo41(197) About Me  (Show Source):
You can put this solution on YOUR website!
Marking down by %20 means it's %80 of the total so
75%2A0.8=x
x=60
New Price is $60

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
a bicycle costs $75. If it was marked down by 20%.
What is the new price of the bike?
75-0.20*75 = 75-15 = $60
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Cheers,
Stan H.