60% off $200 = $80. You save $120.
Equation: $200 − (60% × $200) = $200 − $120 = $80.
Another way to read it: you pay 40% of the original price — that's $80.
$80. The discount is $120 and the final price you pay is $80.
You pay $80 (before tax). That's $200 minus a $120 discount.