28% Converted to a Decimal: 28% = 0.28
Price After Discount = Price Before Discount * (1 – Discount)
Price After Discount = 500 * (1 – 0.28)
Price After Discount = 500 * 0.72
Price After Discount = $360.00
Sale Price of a $500 item after a 28% Discount is applied = $360.00
Note: Reduction in Price After Discount = $140.00
Sale Price of a $500 item after a 28% Discount is applied
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