On Saturday, the original price of a shirt was discounted by 20%. On Monday, the price of the shirt was marked up p percent so that the new price on Monday was 20% more than the original price before the discount. What is the value of p?
Pick:
A) 20%	B) 30%	C) 33 1⁄3%	D) 40%	E) 50%
Let Original price be O   Saturday price = 0.8 x O   Monday price = 1.P x 0.8x O   Monday price is 20 percent higher than original.price   So 1.P x 0.8 X O = 1.2 x O   1.P = 1.5   Hence P = 50 %   ANSW50%R:50%
<result>E</result>
On Saturday, the original price of a shirt was discounted by 20%. On Monday, the price of the shirt was marked up p percent so that the new price on Monday was 20% more than the original price before the discount. What is the value of p?