Percentage - Excercise 2 - Q19

Question

i. 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

  • 45.00%
  • 40.00%
  • 35.00%
  • 32.50%
4
Answer and Explanation
The Correct answer is : 40.00%
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 ${\frac{20}{100}=0.8\times75}$
60 represents a reduction of 40 percent on the original.
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