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	Choices.
A) 33
B) 40
C) 99
D) 28
E) 72

Rationale: "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 : b ) 40 %"
Answer: B