20% Converted to a Decimal: 20% = 0.2
Price After Discount = Price Before Discount * (1 – Discount)
Price After Discount = 110.50 * (1 – 0.2)
Price After Discount = 110.50 * 0.8
Price After Discount = $88.40
Sale Price of a $110.50 item after a 20% Discount is applied = $88.40
Note: Reduction in Price After Discount = $22.10
Sale Price of a $110.50 item after a 20% Discount is applied
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