Question

A used automobile dealership recently reduced the price of a used compact car by 5%. If the price of the car before discount was $18 800, find the discount and the new price?

Answer 1

`$17860.00`

Explanation:

all of the price is 100% so if you reduce the price by 5% what is left is `100%-5%=95%`

Discounted price is 95% of $18800

The symbol of % is a unit of measurement that is worth `1/100`

So 95% is `95xx1/100 = 95/100`

So `95%" of "$18800` is the same as:

`95/100xx$18800 = $17860`