To find the discounted price of the item, follow these steps:

1. Calculate the discount amount:

$\text{Discount} = \text{Original Price} \times \text{Discount Percentage}$ $\text{Discount} = 180 \times 0.40 = 72 \text{ pesos}$

2. Subtract the discount from the original price:

$\text{Discounted Price} = \text{Original Price} - \text{Discount}$ $\text{Discounted Price} = 180 - 72 = 108 \text{ pesos}$

Thus, the discounted price is 108 pesos.

Would you like more details on this calculation or have any questions?

Here are 5 related questions:

1. What would be the final price if the discount was 30% instead of 40%?
2. How much would you save if the original price was 250 pesos at a 40% discount?
3. What is the price of an item that costs 500 pesos after a 25% discount?
4. How do you calculate a 15% discount on a product?
5. How can you find the original price if the discounted price and discount percentage are known?

Tip: Always convert the percentage into decimal form by dividing by 100 before multiplying.