A hoverboard costs $159.00. What is the price of the hoverboard when it is on sale for 5% off?

Answer 1

To calculate the sale price of the hoverboard after applying a 5% discount, follow these steps:

1. Calculate the amount of the discount: $$\text{Discount}=\text{Original Price}\times \text{Discount Rate}=159.00\times 0.05=7.95$$

2. Subtract the discount from the original price to find the sale price: $$\text{Sale Price}=\text{Original Price}-\text{Discount}=159.00-7.95=151.05$$

Therefore, the price of the hoverboard when it is on sale for 5% off is $151.05.