A soccer store typically sells replica jerseys at a discount of 60 percent to 50 percent off list price. During the annual summer sale, everything in the store is an additional 20 percent off the original list price. If a replica jersey's list price is $80, approximately what percent of the list price is the lowest possible sale price? Choose the correct choice from the following answers:  A) 20  B) 25  C) 30  D) 40  E) 50
Let the list price be 2x   for min sale price, the first discount given should be 50%, 2x becomes x here   now, during summer sale additional 20% off is given ie sale price becomes 0.8x   it is given lise price is $80   =&gt; 2x = 80   =&gt; x = 50   and 0.8x = 32   so lowest sale price is 32, which is 40% of 80   hence, 50 is the answer
<result>E</result>
A soccer store typically sells replica jerseys at a discount of 60 percent to 50 percent off list price. During the annual summer sale, everything in the store is an additional 20 percent off the original list price. If a replica jersey's list price is $80, approximately what percent of the list price is the lowest possible sale price?