Sale Price of a $500 item after a 54% Discount is applied

54% Converted to a Decimal: 54% = 0.54
Price After Discount = Price Before Discount * (1 – Discount)
Price After Discount = 500 * (1 – 0.54)
Price After Discount = 500 * 0.46
Price After Discount = $230.00
Sale Price of a $500 item after a 54% Discount is applied = $230.00
Note: Reduction in Price After Discount = $270.00