The original price of a TV set is 2000 yuan, but after the May Day promotion, it is 1500 yuan. How much is the price of this TV set reduced? How much is the discount here?

The original price of a TV set is 2000 yuan, but after the May Day promotion, it is 1500 yuan. How much is the price of this TV set reduced? How much is the discount here?

Decrease = (2000-1500) △ 2000 = 1 / 4
Discount = 1-1 / 4 = 0.75 = 7.50%
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