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What is the correct equation to calculate the discount amount of an item originally priced at $50 and discounted 40%?

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Final answer:

To calculate the discount amount of an item originally priced at $50 and discounted 40%, you can use the formula: Discount Amount = Original Price x (Discount Percentage/100). Plugging in the values, the discount amount of the item is $20.

Step-by-step explanation:

To calculate the discount amount of an item originally priced at $50 and discounted 40%, you can use the formula:

Discount Amount = Original Price x (Discount Percentage/100)

Let's plug in the values:

Discount Amount = $50 x (40/100) = $20

Therefore, the discount amount of the item is $20.

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