Write an equation for the relationship between the discount price of an item, \( d \), and its original price, \( p \). Equation:
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To find the discount price, you can use the equation \( d = p - (p \times r) \), where \( r \) is the discount rate expressed as a decimal (for example, a 20% discount would be \( r = 0.20 \)). This equation helps you quickly calculate the amount you save and what you’ll actually pay. Additionally, considering sales events like Black Friday, it's fascinating to see how retailers use discounts strategically to boost sales. Often, the original price may be inflated temporarily to make the discount seem more significant, so a savvy shopper should always check price histories or compare prices across different stores!