Last year, the price of a vacation package was P. At the beginning of this year, the price went up 60%. Lucas used a travel voucher to purchase the vacation package at 25% off this year’s price. In terms of P, how much did Lucas pay?
Choices
A) P + 10  B) 1.1*P  C) 0.02*P  D) 0.20*P  E) 1.20*P
Last year price = P;   This year price = 1.6P;   Lucas used a travel voucher to purchase the vacation package at30%offthis year’s price, thus he paid   (1 - 0.25)*1.6= 
<gadget id="calculator">  (1 - 0.25)*1.6</gadget>
<output>1.2</output>
1.20P.   Answer: 1.20*P.
<result>E</result>
Last year, the price of a vacation package was P. At the beginning of this year, the price went up 60%. Lucas used a travel voucher to purchase the vacation package at 25% off this year’s price. In terms of P, how much did Lucas pay?