Question
The cost of a motorbike is 75% less than the cost of a car. The cost of a car decreases by 25% and that of a motorbike increases by 40% Statement I: The new cost of a motorbike is 53(1/3)% less than the new cost of a car. Statement II: The total new cost of one car and two motorbikes is 3(1/3)% more than their total initial cost. Which of the above statements is/are correct?
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