A coat that usually costs 120.00 is marked 1/3 off. What is the sale price of the coat?

After the discount of 0.33% on a $120 coat, the sale price of the coat will be $80.Given information:The actual price, [tex]P[/tex] of the coat is $120.00The discount [tex]D[/tex] on the coat is 1/3The value of discount percentage,[tex]D'[/tex] will be,[tex]D'=\dfrac{1}{3}\times 100\\\\D'=33.33[/tex]Now, the discount on the coat can be calculated as the product of actual price and the discount offered.[tex]D=120\times 0.33\\D=40[/tex]Hence, the discount on the coat is of $40.The sale price [tex]S[/tex] of the coat will be the difference of actual price and the sale price.[tex]S=P-D\\S=120-40\\S=80[/tex]Hence, the value of sale price of the coat is $80.For more information, visit link: