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?

1 Answer
Tony B
Dec 7, 2016

#$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#

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