Question

An 8% discount of a $7.95 item

Answer 1

Answer: $7.31


Explanation: discount will be $0.64

Answer 2

Discount = .64

New price = 7.31

Explanation:

To find the discount, take the price times the discount rate

7.95 * 8%

7.95 *.08

.636

Rounding to the nearest cent

.64

We take 64 cents off

The new price would be

7.95-.64 =7.31