Answer:
$249,600
Step-by-step explanation:
40% as a decimal is 0.4
We are finding a reduction so we take away from 1. IF it was finding an increased price we would add it to 1.
1-0.4 = 0.6
Now times it by the original price.
416,000 × 0.6 = [tex]x[/tex]
[tex]x[/tex] = 249600
$249,600
Hope it helped! :)
