40% off $20Save $8.00
Final price: $12.00
Step by Step Solution
Given:
- Original price: $20
- Discount percentage: 40%
Step 1: Calculate the remaining percentage
100% - 40% = 60%
Step 2: Convert to decimal
60% = 0.6
Step 3: Calculate final price
$20 × 0.6 = $12.00
Step 4: Calculate savings
$20 - $12.00 = $8.00
Final Results:
Original Price
$20
Discount
40%
You Save
$8.00
Final Price
$12.00
Real World Examples
Retail Shopping
- Store Sale: A $20 item at 40% off would cost $12.00
- Total Savings: You save $8.00 on this purchase
Seasonal Discounts
- Black Friday: 40% discount on $20 reduces the price to $12.00
- Holiday Sale: Save $8.00 during the 40% off season
Clearance Sales
- End of Season: Original price $20, now $12.00 after 40% discount
- Inventory Clearance: 40% reduction from $20 saves you $8.00
Member Discounts
- Loyalty Program: Members get 40% off $20 items, paying only $12.00
- Club Price: Special 40% discount reduces $20 to $12.00
Bulk Purchase
- Volume Discount: 40% off when buying $20 worth, final price $12.00
- Wholesale Rate: 40% reduction on $20 order saves $8.00
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