To find the equivalent expression for the sale price of an item after a 20% discount, we start with the given expression:
\[ p - 0.2p \]
We can factor out \( p \):
\[ p(1 - 0.2) \]
Now, simplifying the expression inside the parentheses:
\[ 1 - 0.2 = 0.8 \]
Thus, the expression becomes:
\[ p(0.8) \]
So, the equivalent expression for the sale price is:
0.8p