Question

A car dealer recently had a promotion which they gave a 7% discount to the first 50 people through the door. if you are one of those people and the car you are interested in cost $21,000.00, find the discount amount and the new price of the car. the discount would be $ (if needed, round to the nearest cent - no commas). the cost of the car would be $ (if needed, round to the nearest cent - no commas).

Answer 1

The discount amount would be $1470.00

the new cost of the car would be $19530.00

For given question,

A car dealer gave a 7% discount to the first 50 people through the door.

the car you are interested in cost $21,000.00

We need to find the discount amount and the new price of the car.

A car dealer gave a 7% discount.

this means, to find the discount amount, we need to find the 7 percent of $21,000.00

⇒ discount amount = 7 percent of $21,000.00

⇒ discount amount = (7 / 100) × 21,000.00

⇒ discount amount = $1470.00

So, the new price of the car would be,

the new price of the car = original price - discount amount

⇒ the new price of the car = $21,000.00 - $1470.00

⇒ the new price of the car = $19530.00

Therefore, the discount amount would be $1470.00

the new cost of the car would be $19530.00

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