A backpack cost 1500 rubles. Its price was reduced by 20 percent. What is the new price in rubles?
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- Find the discount in rubles.
- Subtract 20 percent of 1500.
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Answer: 1200
The discount is 1500 × 20 ÷ 100 = 300 rubles. The new price is 1500 − 300 = 1200 rubles.