Answer: Yes
Explanation:
Hi, the statement is correct.
If the regular price of a hat is "x", and it has a discount of 20%, to obtain the discounted price we have to multiply the original price (x) by 80/100.
Since 100% is the full price, we have to subtract the 20% percent discount:
100%-20%=80%
The hat discount price is 80% of the original price.
Decimal form of 80% =80/100= 0.8
Discounted price: x (80/100) = x 0.8