40% off of 120 = 72
= 40% discount applied to 120
= 120 - (40% * 120)
= 120 - (0.40 * 120)
= 120 - 48
= 72
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40% of 50% of 120 = (40/100)*(50/100)*120 = 24.
40% of 120 is 48.
120
40% of 120 = 120*40/100 = 48
40% of 120 is same as 40/100 times 120 = 48