The price of a pair of sneakers was $\$80$ for the last six months of last year. On January first, the price increased

The price of a pair of sneakers was $\$80$ for the last six months of last year. On January first, the price increased by $20\%.$ After the price increase, an employee bought these sneakers with a $10\%$ employee discount. What price did the employee pay?

A. $\$70.40$
B. $\$82.00$
C. $\$83.33$
D. $\$86.40$
E. $\$88.00$

Answer: D

Source: Magoosh

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