The regular price of a jacket is $42.75. During a sale, the jacket was marked 12% off. What was the price of the jacket during the sale?

To find the price of the jacket during the sale, we need to subtract the discount from the original price.

The discount is calculated as 12% of $42.75, so 12/100 * $42.75 = $<<12/100*42.75=5.13>>5.13.
Therefore, the price of the jacket during the sale is $42.75 - $5.13 = $<<42.75-5.13=37.62>>37.62. Answer: \boxed{37.62}.