The price of a cycle is reduced by 25 per cent. The new price is reduced by a further 70 per cent. The two reductions together are equal to a single reduction of	Pick one:
A) 45%  B) 40%  C) 35%  D) 77.5%  E) 30%
Price = p   initially price reduced by 25% which means new price is 3/4P   Now on this new price further 70percent is reduced which means the new price is merely 30percent of 3/4P   ==&gt; (3/4)x(3/10)P = 9/40P is the new price after both deduction which is 22.5percent of the original value P. This implies this entire series of deduction is worth having discounted 77.5% of P. So answer is 77.5% = 77.5%
<result>D</result>
The price of a cycle is reduced by 25 per cent. The new price is reduced by a further 70 per cent. The two reductions together are equal to a single reduction of