20% Converted to a Decimal: 20% = 0.2
Price After Discount = Price Before Discount * (1 – Discount)
Price After Discount = 500 * (1 – 0.2)
Price After Discount = 500 * 0.8
Price After Discount = $400.00
Sale Price of a $500 item after a 20% Discount is applied = $400.00
Note: Reduction in Price After Discount = $100.00
Sale Price of a $500 item after a 20% Discount is applied
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