Answer
Full Solution Locked
Sign in to view the complete step-by-step solution and unlock all study resources.
Step 1:I'll solve this problem step by step following the specified LaTeX formatting guidelines:
Step 2:: Identify the original amount
The original amount is $$250,000
Step 3:: Calculate the percentage discount
The discount is $$20\%$$, which can be expressed as $$\frac{20}{100}$$ or $$0.20
Step 4:: Calculate the discount amount
250,000 \times 0.20 = 50,000
Step 5:: Subtract the discount from the original amount
250,000 - 50,000 = 200,000
Final Answer
Explanation: - The original price is 250,000 - A 20\% discount means reducing the price by \frac{1}{5} of its value - The discount amount is 50,000 - Subtracting the discount gives the final price of 200,000
Need Help with Homework?
Stuck on a difficult problem? We've got you covered:
- Post your question or upload an image
- Get instant step-by-step solutions
- Learn from our AI and community of students