Multiple Choice Questions on The price of a cycle is reduced by 25 per cent The new price is reduced by a further 20 per cent The........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

The price of a cycle is reduced by 25 per cent The new price is reduced by a further 20 per cent The...........

Quantitative Aptitude ( CCS) Percentage
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    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%

    Incorrect Answer

    40%

    Correct Answer

    50%

    Incorrect Answer

    60%

    Incorrect Answer
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    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.

    Hence, option 2 is the correct answer.

    By: Amit Kumar
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