The price of a pair of jeans 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:
A. 30%
B. 35%
C. 40%
D. 45%
E. 60%
Let the original price of the jeans 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.