A bag originally costs $80. It is sold at a 20% discount. What is the selling price of the bag?
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Worked Solution
Step 1: Find the discount amount.
20% of $80 = 20/100 × $80 = $16
Step 2: Find the selling price.
Selling price = Original price − Discount
= $80 − $16
= $64
Answer: $64
Correct answer: $64
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