Answer
${{\$}} 44$
Work Step by Step
After reducing $ 100\%$ (of something) by $ 30\%$, we are left with $ 70\%$ (of something)
Let $ x $= initial price.
We are given that $ 70\%$ (of $ x $) = $0.7x $ equals $30.80$
$0.7x=30.8 \qquad $ ... divide with $0.7$
$ x={{\$}} 44$