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If a shirt costs $20 and is reduced by 20%. How much will be the new Price be?
  1. 17$
  2. 16$
  3. 20$
  4. 30$
Explanation

To find the new price, you need to calculate 20% of the original price and subtract that amount from the original price.

Original price = $20

Discount = 20% of $20 = 0.20 x $20 = $4

New price = Original price - Discount

= $20 - $4

= $16

So, the correct answer is: $16.

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