Sale Price of a $4.50 item after a 1.2% Discount is applied

1.2% Converted to a Decimal: 1.2% = 0.012
Price After Discount = Price Before Discount * (1 – Discount)
Price After Discount = 4.50 * (1 – 0.012)
Price After Discount = 4.50 * 0.988
Price After Discount = $4.45
Sale Price of a $4.50 item after a 1.2% Discount is applied = $4.45
Note: Reduction in Price After Discount = $0.05