Question

A phone costs $50 and goes on sale for 20% off. Select the amount that was discounted as well as the final price after the sale

Answer 1

Discounted amount = $10

Sales price = $40

Explanation:

Given:

Phone cost = $50

Discount rate = 20%

Find:

Discounted amount and sales price

Computation:

Discounted amount = Phone cost x Discount rate

Discounted amount = 50 x 20%

Discounted amount = $10

Sales price = Phone cost - Discounted amount

Sales price = $50 - $10

Sales price = $40