An item is regularly priced at $\$ 67$. It is on sale for $95 \%$ off the regular price. find the sale price.

Step 1 ：The problem is asking for the sale price of an item that is regularly priced at $67 and is now on sale for 95% off.

Step 2 ：To find the sale price, we need to calculate 95% of the regular price and subtract it from the regular price.

Step 3 ：Let's denote the regular price as \(P\), and the discount as \(D\). So, \(P = 67\) and \(D = 0.95\).

Step 4 ：The sale price can be calculated as \(P - P \times D\).

Step 5 ：Substituting the given values into the formula, we get \(67 - 67 \times 0.95\).

Step 6 ：Solving the expression, we find that the sale price is $3.35.

Step 7 ：Final Answer: The sale price of the item is \(\boxed{3.35}\).