Question

The price of an item has been reduced by 40%. The original price was $60. What is the price of the item now?

Answer 1

To reduce the item by 40%, you first need to find the 40% of 60. Multiply 0.4*60 and you will get 24. That is 40%. Now you need to subtract that from the original. 60-24 is 36 dollars and that is your answer.