Question

Geo help please The price of an item has been reduced by 5% the original price was $60 what is the price of the item now

Answer 1

To answer this question, we can proceed as follows:

1. The original price of the item was $60.

2. If the price of this item has been reduced by 5%, we need to find the 5% of the original price as follows:

`5\%=(5)/(100)\Rightarrow5\%(\$60)\Rightarrow(5)/(100)\cdot\$60=(\$300)/(100)=\$3`

3. Therefore, the price of the item now is:

`P_{\text{item}}=\$60-\$3=\$57`

In summary, the price of the item now is $57.

[From the question, we have that the words "reduced by" imply a subtraction.]