What is a 40% discount on $80?
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Answer

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Step 1:
I'll solve this problem step by step, following the specified LaTeX formatting guidelines:

Step 2:
: Identify the original price

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Step 3:
: Calculate the discount percentage

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Final Answer

Verification: - Original price:
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- Discount amount:
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(40% of
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) - Discounted price: \$48