Answer:
The sale price of the item is 96 pounds.
Step-by-step explanation:
If all the items are reduced by 20%, this means now their price is 100% - 20% = 80% of the original price.
Therefore, if an item was originally priced at 120pounds, its price now will of 80% of 120 pounds, i.e.
[tex]\text{Sale price} =\dfrac{80\%}{100\%}*120 \pounds[/tex]
[tex]\text{Sale price}=0.8*120 \pounds[/tex]
[tex]\boxed{ \text{Sale price} =96 \pounds}[/tex]
The sale price of the item is 96 pounds.
