To calculate the sale price of the hoverboard after applying a 5% discount, follow these steps:
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Calculate the amount of the discount: \[ \text{Discount} = \text{Original Price} \times \text{Discount Rate} = 159.00 \times 0.05 = 7.95 \]
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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.