The \( 20 \% \) discount on a \( \$ 55 \) sweatshirt
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The Deep Dive
Did you know that discounts have been a savvy shopping strategy for centuries? In the 19th century, when mass production began, retailers started giving discounts to attract more customers and move inventory faster. That’s when the art of bargaining made way for the chic markdowns we see today; 20% off can make a huge difference on larger purchases! When applying that % discount mathematically, a common mistake is forgetting to calculate the discount before applying it to the original price. For your sweatshirt, a 20% reduction on its $55 price tag means you first find 20% of $55, which is $11. Subtracting that from $55 leaves you with a final cost of $44. Happy shopping!