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 $18,600

find the discount and the new price

Answer 1

5% is the same as 0.05 so you have to multiply the original price by 0.05 in order to get the discount price.
$18,600x 0.05= $930 (discount)

Now you have to subtract the discount price from the original price in order to get the sale price.
$18600-$930= $ 17,670 (new price)