Final answer:
The exact price of the chair after a 25% discount on the original price of $545 is $408.75.
Step-by-step explanation:
The original price of a chair was $545. A store has discounted the price of the chair by 25%. To find the price with the discount, we calculate 25% of the original price and then subtract that from the original price.
25% of $545 is calculated as
$545 × 0.25 = $136.25.
Now, subtract the discount from the original price to get the price with the discount:
$545 - $136.25 = $408.75.
Therefore, the exact price of the chair with the discount is $408.75.