The price of a cycle is reduced by 25 per cent. The new price is reduced by a further 20 per cent. The two reductions together are equal to a single reduction of	Choose the correct choice from the following choices:
A) 33 B) 40 C) 99 D) 28 E) 72
Explanation:   Let the original price of the cycle be 100. After the first reduction the price will be 75.   This new price is then reduced by 20% = 0.8 x 75 = 60   60 represents a reduction of 40 percent on the original.   Answer: 40) 40%
<result>B</result>
The price of a cycle is reduced by 25 per cent. The new price is reduced by a further 20 per cent. The two reductions together are equal to a single reduction of