Question

The price of an item has been reduced by 20%. The original price was $48. Find the new price of the item?

Answer 1

From the question. we are told that the price of the item has been reduced by 20%, while the original price of the item was 48$;

So, let's find 20% of $48;

`(20)/(100)\ast48=\text{ 9.6}`

To find the new price of the item, we'll need to subtract 9.6 from the original price;

`48-9.6=38.4`

Therefore, the new price of the item after 20% reduction in price is $38.40