The price of a cycle is reduced by 25 % The new price is reduced by a further 20 %. The 2reductions together are equalto a single reduction of Choose the correct choice from the following answers:
A) 39	B) 45	C) 60	D) 56	E) 70
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.   60
<result>C</result>
The price of a cycle is reduced by 25 % The new price is reduced by a further 20 %. The 2reductions together are equalto a single reduction of