40% Converted to a Decimal: 40% = 0.4
Price After Discount = Price Before Discount * (1 – Discount)
Price After Discount = 40 * (1 – 0.4)
Price After Discount = 40 * 0.6
Price After Discount = $24.00
Sale Price of a $40 item after a 40% Discount is applied = $24.00
Note: Reduction in Price After Discount = $16.00
Sale Price of a $40 item after a 40% Discount is applied
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