Answer:
35 vertices
Explanation:
Given a convex polygon with n-vertices, the number of diagonals in the polygon is given by the formula:

If n is reduced by 20%, the new value of n will be:

Replace n in the formula above with 0.8n:
Next, we are told that the number of its diagonals decreases by 37.5%. Using the original formula for the number of diagonals, we have:

Equate (1) and (2):

We solve the equation for n:

The polygon P has 35 vertices.