An item is regularly priced at $95. it is on sale for 35% off the regular price.

To find the answer, you first have to solve for what 35% of $95 is.

To do this you can set up an equation that looks like:
is/of = %/100

X/95 = 35/100
100X=3,325
X= 33.25

Now subtract $33.25 from $95 and you'll get $61.75

If an item is 35% off the regular price, that means you are paying 65% of the regular price (100-35=65). Now that you have this information, it is quite easy to solve.

$95 × 0.65
=$61.75 

The item costs $61.75 when on sale. You can check this by finding out the discount you receive ($95 × 0.35) and subtracting that number from the original price. You will get the same result. 

*Note: 0.65 is the decimal form of 65%