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An appliance store has all refrigerators discounted 20% off the regular price. If the regular price of a refrigerator is $949, what is the amount of the discount and the price after the discount?
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20% written as a decimal is 0.2 To get the discount amount you multiply the price and the discount rate. 949*0.2 = $188.40 The price after the discount is just the difference between the starting price and the discount: 949 - 188.4 = $760.60
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