A bakery is having a sale where a loaf of bread that normally costs $2.50 is discounted by 20%. How much will you pay for the loaf of bread during the sale?
Correct: B
First, calculate the discount amount: 20% of $2.50 = 0.20 * $2.50 = $0.50. Then, subtract the discount from the original price: $2.50 - $0.50 = $2.00.