A car dealer recently had a promotion which they gave an 8% discount to the first 50 people through the door. If you are one of those people and the car you are interested in cost $25,300.00, find the discount amount and the new price of the car.
.08 (25,300)
.92 (25,300)
To find the discount amount, we need to calculate 8% of the original price.
Step 1: Convert 8% to its decimal form by dividing it by 100.
8% รท 100 = 0.08
Step 2: Multiply the decimal form of 8% by the original price of the car.
0.08 x $25,300.00 = $2,024.00
Therefore, the discount amount is $2,024.00.
To find the new price of the car after the discount, we need to subtract the discount amount from the original price.
Step 1: Subtract the discount amount from the original price of the car.
$25,300.00 - $2,024.00 = $23,276.00
Therefore, the new price of the car after the discount is $23,276.00.