The price of the item has been reduced by 25%, so the new price is 100% - 25% = 75% of the original price.
Since 75% is equivalent to 0.75, the new price is $80 x 0.75 = $<<80*0.75=60>>60. Answer: \boxed{60}.
The price of an item has been reduced by 25%. The original price was $80.What is the price of the item now?
1 answer