Final answer:
To calculate the savings on a marked down item, multiply the original price by the percentage marked down. In this case, the savings on a $60 sweater marked down by 20% is $12.
Step-by-step explanation:
To calculate the amount saved, we can multiply the original price of the sweater by the percentage marked down. In this case, the sweater was marked down by 20%.
So, 20% of $60 is calculated as:
$60 × 20% = $12
Therefore, you saved $12 on the $60 sweater.
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