Cost Price= CP= $1.80
Discounted Price = $ 1.53
Amount Saved= $ 0.27
Discount= 15%
The Discounted Price $ 1.53 is obtained after the discount percent applied to the cost price and subtracted from the cost price.
When the discounted price is subtracted from the Cost Price we get the amount saved.
Discount = discount % × Cost Price
Discount = 15% × $ 1.80 = $ 0.27
Discounted Price= Cost Price- Discount
= $1.8- $ 0.27= $ 1.53
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