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Problem 4 - Entrance Test

A bakery is having a sale on bread. A regular loaf normally costs $2.40, and a whole wheat loaf normally costs $3.00. During the sale, all bread is 15% off. What is the price of a regular loaf during the sale?

Correct: B

The discount on a regular loaf is 15% of $2.40, which is 0.15 * $2.40 = $0.36. The sale price is therefore $2.40 - $0.36 = $2.04.