John notices that a $5 box of donuts have been damaged. He wonders if he can get a discount on the donuts. He takes the box to the register and that lady offers a 7.5% discount on the donuts. What would be the final price of the donuts with this discount? Round to the nearest cent.
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To find the final price of the donuts with the discount, we first need to find the amount of the discount.
7.5% of $5 is (7.5/100) x 5 = $0.375.
To find the final price, we subtract the discount from the original price:
$5 - $0.375 = $4.625.
Rounded to the nearest cent, the final price of the donuts with a 7.5% discount is $4.63.