Step 1 :\( \text{Decrease} = \text{Original Price} - \text{Reduced Price} = 400 - 300 \)
Step 2 :\( \text{Decrease} = 100 \)
Step 3 :\( \text{Percent of Decrease} = \frac{\text{Decrease}}{\text{Original Price}} \times 100\% = \frac{100}{400} \times 100\% \)
Step 4 :\( \text{Percent of Decrease} = 25\% \)