answered 11/19/19
Experienced Mathematics Tutor
Hi!
If the price has been reduced by 55 percent, this means we are paying for (100-55) percent of the original price now. That is 45%. The original price is $60. Therefore, 45% of $60 dollars would be calculated like this:
0.45 * 60 = 27.
New lowered price is $27.
Let me know if you have any questions.