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