Answer:
Discounted amount = $10
Sales price = $40
Step-by-step explanation:
Given:
Phone cost = $50
Discount rate = 20%
Find:
Discounted amount and sales price
Computation:
Discounted amount = Phone cost x Discount rate
Discounted amount = 50 x 20%
Discounted amount = $10
Sales price = Phone cost - Discounted amount
Sales price = $50 - $10
Sales price = $40
