Final answer:
To find the sale price of a bike originally priced at $345.00 with a 20% discount, calculate the discount amount ($69.00) and subtract it from the original price, resulting in a sale price of $276.00.
Step-by-step explanation:
The bike shop is having a sale where everything in the store is 20% off. To calculate the sale price of a bike that is originally priced at $345.00, you first need to determine the discount amount. Convert 20% to a decimal by dividing 20 by 100, which gives you 0.20. You then multiply the original price of the bike, $345.00, by 0.20 to find the discount amount.
$345.00 \times 0.20 = $69.00
Next, subtract the discount from the original price to find the sale price.
$345.00 - $69.00 = $276.00
Therefore, the sale price of the bike is $276.00.