$120 item discounted by 40%. Final price?

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Multiple Choice

$120 item discounted by 40%. Final price?

Explanation:
Discounting by 40% means you pay 60% of the original price. So the final price is 0.60 × 120 = 72 dollars. You can also see it as removing 40% of 120, which is 48, and 120 − 48 = 72. The other amounts would require different discount levels (for example, $60 is a 50% discount, $80 is about 33.3% off, and $100 is about 16.7% off), which isn’t the 40% discount here.

Discounting by 40% means you pay 60% of the original price. So the final price is 0.60 × 120 = 72 dollars. You can also see it as removing 40% of 120, which is 48, and 120 − 48 = 72. The other amounts would require different discount levels (for example, $60 is a 50% discount, $80 is about 33.3% off, and $100 is about 16.7% off), which isn’t the 40% discount here.

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