Question

An item is regularly priced at $76. It is now priced at a discount of 80% off the regular price.

Answer 1

Sale price:

• The price after the original price has been discounted.

Our goal is to find the sale price.

We could use either of the two methods shown below:

Find what the discount price is, and reduce that off the original price.

Or

Simply find the sale price by finding the leftover percentage of the discount and multiplying it by the original price.

Let's use the second technique.

The leftover percentage of 80% is 20%, because;

100 - 80 = 20%.

Now multiply this percentage with the original price:

20%(can be considered 20/100), so

20/100 × $76

= 15.2, the sale price of this item is $15.20!