Last year, the price of a vacation package was P. At the beginning of this year, the price went up 50%. Lucas used a travel voucher to purchase the vacation package at 30% off this year’s price. In terms of P, how much did Lucas pay? Select.
A) P + 10
B) 1.1*P
C) 0.50*P
D) 0.05*P
E) 1.05*P
Last year price = P;   This year price = 1.5P;   Lucas used a travel voucher to purchase the vacation package at 30% off this year’s price, thus he paid (1 - 0.3)*1.5P = 0.98P.   Answer: 1.05*P.
<result>E</result>
Last year, the price of a vacation package was P. At the beginning of this year, the price went up 50%. Lucas used a travel voucher to purchase the vacation package at 30% off this year’s price. In terms of P, how much did Lucas pay?