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SOLUTION

Discount is the reduction in the price of a commodity

Step1: Define a parameter for the unknown

[tex]\begin{gathered} The\text{ unknown price is the original price of the suit } \\ \text{let the original price be x} \end{gathered}[/tex]

Step2: Write out the formula

The discount on a commodity is given by

[tex]\text{ Discount\%= }\frac{\text{Discount}}{\text{original price }}\times100[/tex]

Step3; Write out the information given

[tex]\begin{gathered} \text{ Discount\%=20\%} \\ \text{ Discount=\$40} \\ \text{ original price=x} \end{gathered}[/tex]

Step4: Substitute the parameters into the formula

[tex]\begin{gathered} \text{ Discount\%= }\frac{\text{Discount}}{\text{original price }}\times100 \\ \\ 20=\frac{40}{x}\times100 \\ 20x=4000 \end{gathered}[/tex]

Then divide both sides by 20

[tex]\begin{gathered} \frac{20x}{20}=\frac{4000}{20} \\ x=200 \end{gathered}[/tex]

Hence, the

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