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A used automobile dealership recently reduced the price of a used compact car by 8%. If the price of the car before discount was $18,400, find the discount and the now price

Answer :

First, find out what is 8% of 18,400 equal to:

[tex]\frac{8}{100}\cdot18,400=1472[/tex]

Substract 1472 from 18,400 to find the new price:

[tex]18,400-1472=16,928[/tex]

Therefore, the discount is equal to $1472, ad the new price is equal to $16,928.

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