1 dollar 20 cents.
A dollar has 100 cents so 15 dollars = 1500 cents.
8% literally means 8 for each 100.
Which means 8 x 15 or 120 cents which = 1 dollar and 20 cents.
15 X .08
I suppose not everyone has a calculators with a percent key these days.
0.08 x 15 = $1.20
$1.20 :)
