1. **State the problem:** The original price of the shirt is 27. It is reduced by 15% in a sale. We need to find the new price after the reduction.
2. **Formula used:** To find the new price after a percentage reduction, use:
$$\text{New Price} = \text{Original Price} \times (1 - \frac{\text{Percentage Reduction}}{100})$$
3. **Apply the values:**
$$\text{New Price} = 27 \times (1 - \frac{15}{100})$$
4. **Simplify the fraction:**
$$\text{New Price} = 27 \times (1 - 0.15)$$
5. **Calculate inside the parentheses:**
$$\text{New Price} = 27 \times 0.85$$
6. **Multiply to find the new price:**
$$\text{New Price} = 22.95$$
**Final answer:** The new price of the shirt after a 15% reduction is 22.95.
Price Reduction C32725
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