Answer:
Discount price= $14.4
Explanation:
Giving the following information:
Original selling price= $18
Discount rate= 20% = 0.2
To calculate the discount price, we need to use the following formula:
Discount price= selling price * (1 - discount rate)
Discount price= 18 * (1 - 0.2)
Discount price= $14.4