GCSE Maths Practice: growth-and-decay

Question 2 of 10

This question calculates a 20% decrease in value.

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\( \begin{array}{l} \text{A bike valued at £150 loses 20% in value.} \\ \text{Find the new value.} \end{array} \)

Choose one option:

Convert percentage to fraction first, then multiply.

Decrease formula: New = Original × (1 - fraction).