The price of an item has been reduced by 65%. the original price was $41.

If you're asking for the price now it's been reduced, then this is how you work it out.

41 : 2 = 20.5. = 50%

41 : 10 = 4.1 = 10%

4.1 : 2 = 2.05 = 5%.

20.5 + 4.1 + 2.05 = 26.65 = 65%

41 - 26.65 = $14.35 (the answer)