5% Converted to a Decimal: 5% = 0.05
Price After Discount = Price Before Discount * (1 – Discount)
Price After Discount = 140 * (1 – 0.05)
Price After Discount = 140 * 0.95
Price After Discount = $133.00
Sale Price of a $140 item after a 5% Discount is applied = $133.00
Note: Reduction in Price After Discount = $7.00
Sale Price of a $140 item after a 5% Discount is applied
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