An item is regularly priced at $63. Latoya bought it on sale for 95% off the regular price. How much did Latoya pay
$63 x 0.05 ==$3.15 - what she paid for the item
Or:
$63 x 0.95 ==$59.85 - discount amount
$63.00 - $59.85 ==$3.15 - what she paid for the item.