Questions about Apple iPad Air (2020) incl. Pencil (2nd generation)

Since a set price does not automatically adjust to the individual prices, it may happen that the set price is higher after a reduction of the individual price than if the individual items were ordered separately.

The iPad Air 2020 is only available in 64GB and 256GB. You linked a bundle in your question (iPad + Apple Pencil), so the set is more expensive than just an iPad without Apple Pencil.