The price of a cycle is reduced by 25 per cent. The new price is reduced by a further 60 per cent. The two reductions together are equal to a single reduction of
Choose the correct choice from the following options:  A) 45%  B) 70%  C) 35%  D) 32.5%  E) 30%
Price = p   initially price reduced by 25% which means new price is 3/4P   Now on this new price further 60percent is reduced which means the new price is merely 40percent of 3/4P   ==&gt; (3/4)x(2/5)P = 6/20P is the new price after both deduction which is 30percent of the original value P. This implies this entire series of deduction is worth having discounted 70% of P. So answer is 70% = 70%
<result>B</result>
The price of a cycle is reduced by 25 per cent. The new price is reduced by a further 60 per cent. The two reductions together are equal to a single reduction of