Answer
Final price of the toy = $32.00
Explanation
The price of a toy is increased by 20%
The resulting price is then decreased by $40.00
Original Price = $60.00
The price of a toy is increased by 20%
Resulting price after this increase = 1.2 (60) = $72
The resulting price is then decreased by $40.00
Final Price = 72 - 40 = $32.00
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