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\left(29500-114-47\right)\times \frac{20}{100}
Subtract 2500 from 32000 to get 29500.
\left(29386-47\right)\times \frac{20}{100}
Subtract 114 from 29500 to get 29386.
29339\times \frac{20}{100}
Subtract 47 from 29386 to get 29339.
29339\times \frac{1}{5}
Reduce the fraction \frac{20}{100} to lowest terms by extracting and canceling out 20.
\frac{29339}{5}
Multiply 29339 and \frac{1}{5} to get \frac{29339}{5}.