It is 6.95 as a decimal fraction of 695/100 as a rational fraction. You can simplify the latter if you wish.
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Written as a fraction is 695/1000 or 0.695
20 percent off of 695 is 556.
0.695 = 695/1000 which can be simplified to 139/200
40/100 * 695 = 278
48.65