A new car is originally priced at $27,000. It is discounted by 8%. What is the new price of the car?

1 answer

To find the new price of the car after an 8% discount, you can first calculate the amount of the discount and then subtract that amount from the original price.

  1. Calculate the discount amount: \[ \text{Discount} = \text{Original Price} \times \frac{\text{Discount Rate}}{100} = 27000 \times \frac{8}{100} = 27000 \times 0.08 = 2160 \]

  2. Subtract the discount from the original price: \[ \text{New Price} = \text{Original Price} - \text{Discount} = 27000 - 2160 = 24840 \]

Therefore, the new price of the car is $24,840.