An artist who needs to buy only paint and canvas finds that the cost of canvas has decreased by 40 percent and the cost of paint has decreased by 60 percent. If paint previously accounted for 4 times as much of the expense of painting as did canvas, by what percent did the total cost for paint and canvas decrease?
Select the correct option.
A) 40%	B) 44%	C) 50%	D) 56%	E) 60%
Paint:Canvas cost is 4:1.   So, paint accounts for 80% of cost and canvas accounts for 20%.   Canvas, after decrease by 40% will be (100-40)% of 20% =&gt; 60% of 20% =&gt; 12% of original   Paint, after decrease by 60% will be (100-60)% of 80% =&gt; 40% of 80% =&gt; 32% of original   New cost as a % of old cost = 32+12= 
<gadget id="calculator">32+12</gadget>
<output>44</output>
44% of original.   So, overall cost saving= 100-44= 
<gadget id="calculator">100-44</gadget>
<output>56</output>
56%   Therefore, (56%)
<result>D</result>
An artist who needs to buy only paint and canvas finds that the cost of canvas has decreased by 40 percent and the cost of paint has decreased by 60 percent. If paint previously accounted for 4 times as much of the expense of painting as did canvas, by what percent did the total cost for paint and canvas decrease?