Answer: To find the price of the car in May, we can use the formula:
New price = Original price - (Original price x Discount rate)
In this case, the original price is $22,800, and the discount rate is 5%, which can be written as 0.05.
So, the new price in May is:
New price = 22700 - (22700 x 0.05)
New price = 22700 - 1135
New price = $21,565
So, the price of the car in May was $21,565.
To find the percentage of the price of the car in May as compared to the price of the car in April, we can use the formula:
(New price / Original price) x 100
In this case, the new price is $21,565 and the original price is $22,800
(21565 / 22700) x 100 = 0.95 x 100 = 95%
Therefore, in May, the price of the car was 95% as compared to the price of the car in April.
Explanation: