10% Converted to a Decimal: 10% = 0.1
Price After Discount = Price Before Discount * (1 – Discount)
Price After Discount = 5.50 * (1 – 0.1)
Price After Discount = 5.50 * 0.9
Price After Discount = $4.95
Sale Price of a $5.50 item after a 10% Discount is applied = $4.95
Note: Reduction in Price After Discount = $0.55
Sale Price of a $5.50 item after a 10% Discount is applied
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