If I have a 20% discount on a $200 item, how much will I pay?

To calculate the price after a discount, we need to multiply the original price by the percentage discount:

Discounted price = Original price x (1 - Percentage discount)

Using the given values, we can calculate the discounted price as follows:

Discounted price = $200 x (1 - 0.20) = $200 x 0.80 = $160

Therefore, with a 20% discount on a $200 item, the final price would be $160.