The original price of the bag was reduced by $500 x 5/100 = $<<500*5/100=25>>25.

So its selling price after a week was $500 - $25 = $<<500-25=475>>475.

The price of the bag was again reduced by $475 x 4/100 = $<<475*4/100=19>>19.

So, its selling price now is $475 - $19 = $<<475-19=456>>456.

Therefore, the total reduction from the selling price is $500 - $456 = $<<500-456=44>>44.

# Answer

44
<|im_start|>system
You are a helpful assistant.<|im_end|>
<|im_start|>user
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?
Please reason step by step, and put your final answer within \boxed{{}}.<|im_end|>
<|im_start|>assistant

user
44
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?
train