A soccer store typically sells replica jerseys at a discount of 30 percent to 50 percent off list price. During the annual summer sale, everything in the store is an additional 20 percent off the original list price. If a replica jersey's list price is $80, approximately what percent E of the list price is the lowest possible sale price?	Choose the correct answer
A) 20
B) 25
C) 30
D) 40
E) 50

Rationale: "let the list price be 2 x for min sale price , the first discount given should be 50 % , 2 x becomes x here now , during summer sale additional 20 % off is given ie sale price becomes 0.8 x it is given lise price is $ 80 = > 2 x = 80 = > x = 40 and 0.8 x = 32 so lowest sale price is 32 , which e is 40 % of 80 hence , d is the answer"
Answer: D