Question

A used automobile dealership recently reduced the price of a used compact car by 6%. If the price of the car before discount was 18,400, find the discount and the new price

Answer 1

6% of $18,400 = .06 x $18,400 or $1104 - that's the discount

$18,400
- 1,104
$17,296 - this is the new price after the discount

Answer 2

Answer: Discount Price = $1104

New Price = $17296

Explanation:

Given : A used automobile dealership recently reduced the price of a used compact car by 6%, which can be written as 0.06.

The price of the car before discount was 18,400.

Formula for Discount = Discount percentage× Original price

Then , Discount =
`0.06*18400=\$1104`

New Price after Discount = Original Price - Discount price

`=\$18,400-\$1104=\$17296`

Hence, Discount Price = $1104

New Price = $17296