Answer:
Money saved = $18
Step-by-step explanation:
Firstly, the term discount equals the difference between the price paid for and it's par value. Discount is a kind of reduction or deduction in the cost price of a product.
Given
Cost of an Item = 60$
Discount % = 30% on cost
Hence, Discount in $ = 60$*30%
= 18$
Actual Cost = 60$ - 18$ = 42$
Therefore, Savings = Discount
= 18$
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