Timmy wants to buy a scooter and the price was $50. When he goes to the store the second time, he found that the price was marked down by 16%. What was the new price?
20% of 50 is the same as writing 50 x 0.20, so we just do the math on that. Since it was marked down that much, we subtract the found 20% from the 50. The new price of the scooter is $40.