Answer:
New price = $48
Explanation:
New price = Original price - (original price × 20%)
New price = $60 - ($60 × .20)
New price = $60 - $12
New price = $48
Or If the jacket is 20%, you will pay 80% of the cost.
So Original price × the percentage that you paid = New price
$60 × 80% = New price
$60 × .80 = $48