Increasing the original price of an article by 20 percent and then increasing the new price by 20 percent is equivalent to increasing the original price by
Choose one:
A) 40%
B) 41%
C) 42%
D) 43%
E) 44%
1.2*1.2*x = 1.44*x   The answer is 44%.
<result>E</result>
Increasing the original price of an article by 20 percent and then increasing the new price by 20 percent is equivalent to increasing the original price by