A bag was originally priced at $500. A week after, the price was reduced by 5%. Since the bag was still not sold, the selling price was reduced by 4% a month after. How much was the total reduction from the original selling price? Let's think first. Chain of thought:
The original price of the bag was reduced by $500 x 5 / 100 = $25. So its selling price after a week was $500 - $25 = $475. The price of the bag was again reduced by $475 x 4 / 100 = $19. So, its selling price now is $475 - $19 = $456. Therefore, the total reduction from the selling price is $500 - $456 = $44.
Therefore, the answer is 44.