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.
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