Questions: How much will you save if a watch is marked 1/5 off the regular price of 46.60.
Transcript text: How much will you save if a watch is marked $\frac{1}{5}$ off the regular price of $\$ 46.60$.
Solution
Solution Steps
To find out how much will be saved when a watch is marked 1/5 off the regular price, we need to calculate the discount amount first. This can be done by multiplying the regular price by 1/5. Then, the amount saved will be the discount amount.
Step 1: Calculate the discount amount
Given:
Regular price, \(46.6\)
Discount rate, \(0.2\)
The discount amount can be calculated by multiplying the regular price by the discount rate:
\[ \text{Discount amount} = 46.6 \times 0.2 = 9.32 \]