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Magoosh
The original cost of coat was increased by 40% at the beginning of 2015. In March of 2015, the new price was reduced by 20%, and the cost remained at this new reduced price. Chris had a coupon for $50 discount and, in April, used the coupon to buy the coat at the further reduced price. There was no tax or additional fee on the purchase. If Chris paid $96.60 for the coat, which would be the original price of the coat?
A. $2.50
B. $100
C. $104.83
D. $120
E. $130
OA E
The original cost of coat was increased by 40% at the beginning of 2015. In March of 2015, the new price was reduced by 20%, and the cost remained at this new reduced price. Chris had a coupon for $50 discount and, in April, used the coupon to buy the coat at the further reduced price. There was no tax or additional fee on the purchase. If Chris paid $96.60 for the coat, which would be the original price of the coat?
A. $2.50
B. $100
C. $104.83
D. $120
E. $130
OA E
