Actual price = 250

Current price = 200

To calculate the percentage reduced we need take the difference of both values and divide it by the actual value

250 - 200 = 50

Difference is 50

Now as per the formula = { 50/250 * 100 }

= .2 * 100

20 %

Hence there is 20% reduction in price.

Current price = 200

To calculate the percentage reduced we need take the difference of both values and divide it by the actual value

250 - 200 = 50

Difference is 50

Now as per the formula = { 50/250 * 100 }

= .2 * 100

20 %

Hence there is 20% reduction in price.