The price of an item was reduced by 85% is [tex]\$6.75[/tex]
Solution:
Given,
Original price of the item is [tex]\$45[/tex]
The price is reduced by [tex]85\%[/tex]
To find: the reduced price
The reduced price is Original price - 85 percentage of the original price
i.e. [tex]45-\frac{85}{100}\times45[/tex]
[tex]\Rightarrow 45-\frac{3825}{100} = 45-38.25 = 6.75[/tex]
Hence, the reduced price is [tex]\$6.75[/tex]
