The price of an item has been reduced by \( 85 \% \). The original price was \( \$ 15 \). Use the ALEKS calculator to find the price of the item now.

To find the price of the item after an \( 85\% \) reduction, first calculate \( 85\% \) of the original price. That's \( 0.85 \times 15 = 12.75 \). Now, subtract that amount from the original price: \( 15 - 12.75 = 2.25 \). So, the price of the item now is \( \$2.25 \). Did you know that sales and discounts date back to ancient times? Merchants would reduce prices to attract more buyers, especially during harvest seasons when markets were bustling. This practice evolved over centuries, leading to the colorful sales and promotions we see today, especially during Black Friday or holiday seasons! Additionally, when shopping, it’s essential to double-check sale percentages. Sometimes, stores might display a significant discount but may not significantly reduce the price. Always compare to ensure you’re genuinely getting a bargain, and don’t forget to calculate the final price after discounts to avoid surprises at checkout!