Step 1: Write the expression for modulation index.
For amplitude modulation (AM), the modulation index is
\[
m=\frac{V_m}{V_c}
\]
where
\[
V_m=\text{peak voltage of modulating signal}
\]
and
\[
V_c=\text{peak voltage of carrier signal}.
\]
Step 2: Substitute the given values.
Given,
\[
m=90\%=0.9
\]
and
\[
V_c=60\,\text{V}.
\]
Therefore,
\[
0.9=\frac{V_m}{60}
\]
\[
V_m=0.9\times 60
\]
\[
V_m=54\,\text{V}.
\]
Step 3: Verify the result.
Substituting
\[
V_m=54\,\text{V}
\]
and
\[
V_c=60\,\text{V},
\]
\[
m=\frac{54}{60}
\]
\[
m=0.9=90\%.
\]
Hence, the value satisfies the required modulation index.
Step 4: Final conclusion.
Therefore, the peak voltage of the modulating signal is
\[
\boxed{54\,\text{V}}
\]