The price of a jacket is reduced by 25%. During a special sale the price of the jacket is reduced another 20%. By approximately what percent must the price of the jacket now be increased in order to restore it to its original amount?
Choose the correct choice from the following answers:
A) 66.67	B) 35	C) 48	D) 65	E) 67.5
1) Let the price of jacket initially be $100.   2) Then it is decreased by 25% , therefore bringing down the price to $75.   3) Again it is further discounted by 20%, therefore bringing down the price to $60.   4) Now 60 has to be added byX %in order to equal the original price.   60 + ( X% ) 60 = 100.   Solving this eq for X, we get X = 66.67   66.67ns is 66.67.
<result>A</result>
The price of a jacket is reduced by 25%. During a special sale the price of the jacket is reduced another 20%. By approximately what percent must the price of the jacket now be increased in order to restore it to its original amount?