What is 5 percent discount off of 24.99?

First you have to work out what 5% of 24.99 is.

5/100 * 24.99 = 1.2495

Then you have to subtract the 5% off of the original price.

24.99 - 1.2495 = 23.7405

But if you are working out money, you have to round it to two decimal places which would be 23.74.

So a 5% discount off $24.99 is $23.74.