Percent reduction of money (5% multiples) (Level 1)

This math topic focuses on calculating the final amounts after applying discounts or increasing prices in terms of percentage reductions, specifically in multiples of 5%. The problems involve scenarios like taking a 15% discount on different monetary amounts, applying a 5% reduction, and computing after-tax values. Each question provides a monetary amount and requires determining the new amount after adjusting for a given percentage change. This helps practice computations involving percentages, an essential skill for financial literacy.