An exercise machine with an original selling price of \( \$ 1,275 \) is marked down by \( 20 \% \). What is the sale price of the exercise machine? The sale price is \( \$ \square \). (Round to the nearest cent as needed.)
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To find the sale price after a 20% markdown on the original price of $1,275, first calculate the amount of the discount. Multiply the original price by the discount percentage: \[ Discount = 1,275 \times 0.20 = 255 \] Next, subtract the discount from the original price: \[ Sale Price = 1,275 - 255 = 1,020 \] So, the sale price of the exercise machine is \( \$ 1,020.00 \). The sale price is \( \$ 1,020.00 \).
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