The price of an item has been reduced by 55%. The original price was 29. What is the price of the item now?

Answer: 15 19/20

Step-by-step explanation:

55 = 55/100

55/100:5/5 = 11/20

11/20*29/1 = 319/20 or 15 19/20

So basically, you make 55 into a fraction by putting it over 100, then you divide the fraction (55/100) into 5/5 which is 11/20. After that, you multiply 11/20 bye 29 (29/1). 11/20 times 29/1 is 319/20. You then simplify or reduce 319/20 into 15 19/20.

Correct me if I'm wrong.