Question

Business owners use percents to calculate markup, discount, and sales tax. A shoe store owner buys a pair of shoes for $20. There is a sale on the item for 20% off.

Answer 1

$16

Explanation:

Given data

The cost price of the shoe= $20

Discount = 20%

Let us find the amount of the 20% discount

=20/100*20

=0.2*20

=$4

Hence the selling price will be

=20-4

=$16