Question

If you have $21 and the discount rate is 5% , how much money do you get off?

Answer 1

$5\%\cdot\ 21.00=0.05\cdot\ 21.00=\ 1.05\\\\Ans.\ \ 1.05$

Answer 2

5% of 21

= 5 / 100 * 21

= 105 / 100

= 1.05$

Thus, you will get 1.05$ off.