Final answer:
The sale price of the static caravan after a 5% discount on the original price of £58,995 is £55,045.25, calculated by subtracting 5% of the original price from itself.
Step-by-step explanation:
To calculate the sale price of a static caravan that has been reduced by 5%, we begin with the original price of £58,995. A 5% discount means we will be deducting 5% of the original price from itself. To find 5% of £58,995, we convert the percentage to a decimal by dividing by 100: 5% becomes 0.05. Then, we multiply this decimal by the original price:
0.05 × £58,995 = £2,949.75
After calculating the discount amount, we subtract it from the original price to get the sale price:
£58,995 - £2,949.75 = £55,045.25
Therefore, the sale price of the static caravan after a 5% reduction is £55,045.25.