20% off $20Save $4.00
Final price: $16.00
Step by Step Solution
Given:
- Original price: $20
- Discount percentage: 20%
Step 1: Calculate the remaining percentage
100% - 20% = 80%
Step 2: Convert to decimal
80% = 0.8
Step 3: Calculate final price
$20 × 0.8 = $16.00
Step 4: Calculate savings
$20 - $16.00 = $4.00
Final Results:
Original Price
$20
Discount
20%
You Save
$4.00
Final Price
$16.00
Real World Examples
Retail Shopping
- Store Sale: A $20 item at 20% off would cost $16.00
- Total Savings: You save $4.00 on this purchase
Seasonal Discounts
- Black Friday: 20% discount on $20 reduces the price to $16.00
- Holiday Sale: Save $4.00 during the 20% off season
Clearance Sales
- End of Season: Original price $20, now $16.00 after 20% discount
- Inventory Clearance: 20% reduction from $20 saves you $4.00
Member Discounts
- Loyalty Program: Members get 20% off $20 items, paying only $16.00
- Club Price: Special 20% discount reduces $20 to $16.00
Bulk Purchase
- Volume Discount: 20% off when buying $20 worth, final price $16.00
- Wholesale Rate: 20% reduction on $20 order saves $4.00
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