Answer:
The answer would be $67.2.
Step-by-step explanation: The answer would be $67.2. Take 80, divide it by 100 to get 1% of 80, 0.80. Now since you are taking 16% off the original price (100%), you multiply 0.80 (1%) by 84 (for 84% price), to get $67.2. This means, after the markdown, the 80$ item is now $67.2