Question:
A shop offers a 20% discount on a shirt priced at $40. What is the final price?
Options:
A) $24
B) $28
C) $32
D) $36
Answer:
C) $32
Solution:
Discount = Original Price x Discount Rate = $40 x 20% = $8. Final Price = Original Price – Discount = $40 – $8 = $32.