Answer:
The new price will be 40.
Explanation:
The question states that the price was reduced by 20%. The implication is that the 20% price cut is relative to the original price, which is 50.
What will be 20% of 50?
Twenty percent is the same (in value) as twenty divided by a hundred. That is:
.
To find 20% of 50, multiply 50 with 20%, which is the same as multiplying with
.
.
In other words, when the original price was brought down by 20%, the price was cut by 10. As a result, the new price will be
.