Emily has saved $200 for a new video game console. She finds out that the console is on sale for 25% off the regular price. What is the sale price of the console?
To find the sale price, you can first calculate the discount amount and then subtract it from the regular price. If the regular price is represented as $P$, the discount can be calculated by using the formula: $$ ext{Discount} = 0.25 imes P $$ and the sale price can be found with: $$ ext{Sale Price} = P - ext{Discount} $$