Answer:
Discount = $1,464 New Price =$16,836
Step-by-step explanation:
The initial price is given as $18,300.
The price is reduced by a discount of 8%.
Discount = 8% of 18300
= 8/100 =0.08 x 18300 =$1,464.
New price = $18,300 -$1,464
= $ 16,836
This can also be worked out as follows:
After the discount of 8%, the new price is 92% of the initial price.
92% = .92 x $18300 = $16,836
