First, convert the 65% to a real mathematical number. For percents, this is always done by dividing the 65% by 100%, or 65% / 100% = 0.650.
Second, find out what 65% of $60 is. This is the amount of the sale discount. This is always found by mulitplying 0.650 by the item's cost $60, like this:
0.650 x $60 = $39.00.
So for this sale, you'll save $39.00 on this item.
This means, the cost of the item to you is
$60 - $39.00 = $21.00.