Answer:
$11.98
Step-by-step explanation:
Start by finding the 60% of $29.95.
Let x represent the discount (in dollars). We can use this to set up an equation:
[tex]60\%*$29.95=x[/tex]
Note that percentages can also be written as fractions. An easy way to convert a percentage to a fraction is breaking down the word percent. Per means "per/for every [blank]" and cent means "one hundred/100". When converting percentages to fractions, we can simply put the percentage over 100.
Therefore...
[tex]\frac{60}{100}*29.95=x[/tex]
Reduce the fraction:
[tex]\frac{3}{5}*29.95=x\\\frac{89.85}{5}=x\\x=\$17.97[/tex]
Now, we subtract $17.97 from $29.95 to get...
[tex]\$29.95-\$17.97=\$11.98[/tex]
It costs $11.98 now.