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The original price of the sweater is $80 which is 100% of the price.
If the price is reduced by 25%, then the new price is 75% of the original price since 100% - 25% = 75%.
Now we need to find 75% of $80.
To find a percent of a number, multiply the percent by the number.
To convert a percent into a decimal, divide the percent by 100 which is the same as moving the decimal point two places to the left.
Here's how to change 75% into a decimal.
75% = 75/100 = 0.75
Here's how you calculate 75% of $80.
75% of $80 =
= 75% * 80
= 0.75 * $80
= $60
Answer: The sale price is $60.
Let's first convert that amount of money into cents, which makes 336 cents. Then, let's denote the amount of money one of the boys has with x. The other boy has got 3x-12 amount of money. We can construct an equation.

. Solving it we find that x=87 cents or $ 0.87 and the other boy holds $2.49 amount of money.