Answer:
The new price will be 40.
Step-by-step explanation:
The question states that the price was reduced by 20%. The implication is that the 20% price cut is relative to the original price, which is 50.
What will be 20% of 50?
Twenty percent is the same (in value) as twenty divided by a hundred. That is:
[tex]\displaystyle 20\% = \frac{20}{100}[/tex].
To find 20% of 50, multiply 50 with 20%, which is the same as multiplying with [tex]\displaystyle \frac{20}{100}[/tex].
[tex]\displaystyle 50 \times 20\% = 50 \times\frac{20}{100} = \frac{50\times 20}{100} = \frac{1000}{100} = 10[/tex].
In other words, when the original price was brought down by 20%, the price was cut by 10. As a result, the new price will be [tex](50 - 10) = 40[/tex].
