Answer: $82
Explanation:
Since the coast is being marked 1/3 off, this means that you are going to pay 2/3 of the original price ($123). Since the term "of" means to multiply, the equation you would need to solve to determine the sale price of the coat is 2/3 times 123.
2 123 246
− x −−− = −−−− = $82
3 1 3