To find the current price of the item after a 35% reduction, follow these steps:
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Calculate the amount of the reduction: \[ \text{Reduction} = \text{Original Price} \times \text{Reduction Percentage} \] \[ \text{Reduction} = 45 \times 0.35 = 15.75 \]
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Subtract the reduction from the original price: \[ \text{Sale Price} = \text{Original Price} - \text{Reduction} \] \[ \text{Sale Price} = 45 - 15.75 = 29.25 \]
Therefore, the price of the item after the reduction is $29.25.