Question

The price of an item has been reduced by 85%. The original price was $31.find the new price

Answer 1

The new price is $4.65

Step-by-step explanation:

The percent reduction = 85% = 0.85

The original price = $31

Discount = original price × percent reduction

`\begin{gathered} \text{The discount = 31 }*\text{ 0.85} \\ \text{The discount = 26.35} \end{gathered}`

The new price = original price - discount

`\begin{gathered} \text{The new price = 31 - 26.35} \\ The\text{ new price = }4.65 \end{gathered}`