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To calculate the discount on the pretzel, we can use the formula:
Discounted price = Original price - (Discount rate * Original price)
Substituting the given values, we get:
Discounted price = 1.50 - (0.30 * 1.50)
Discounted price = 1.05
Therefore, the discounted price of the pretzel after a 30% discount is $1.05.