Answer:
$25.65
Step-by-step explanation:
Since we are applying a discount to a price tag, we will be decreasing the amount of that price tag.
In this case, we will be taking 5% off of $27. This means that our new price tag will be 95% of what it originally was. To find the answer, we must first change 95% into a decimal.
95% -> [tex]\frac{95}{100}[/tex] -> 0.95
Next, we multiple $27 by 0.95 as shown below:
[tex]27(0.95)[/tex]
Our answer will be:
$25.65
