The price of an item has been reduced by 75% . The original price was $55.

Question

Use the ALEKS calculator to find the price of the item now.

Answer 1

To find the new price of the item after a 75% reduction, you can follow these steps:

1. Calculate the amount of the reduction: \[ \text{Reduction Amount} = \text{Original Price} \times \text{Percentage Reduction} = 55 \times 0.75 = 41.25 \]

2. Subtract the reduction amount from the original price: \[ \text{New Price} = \text{Original Price} - \text{Reduction Amount} = 55 - 41.25 = 13.75 \]

Thus, the price of the item now is $13.75.