Answer:
Wallace paid $198 for item .
Explanation:
As given
Wallace received a 28 percent discount on an item priced at $275.
Cost after discount = price × (1 – discount percentage)
Price = 275
Discount percentage =28%
As the percentage written in the decimal form .

= 0.28
Putting in the formula
Cost after discount = 275 × (1 – 0.28)
= 275 × 0.72
= $198
Therefore Wallace paid $198 for item .