The price of a shirt is increased by 15% and then reduced by 15%. The final price of the shirt is?  Choose the correct choice from the following answers:
A) $ 97.75  B) $ 90  C) $ 91.56  D) $ 95.62  E) $ 93.45

Rationale: let the original price be $ 100 new final price = 85 % of ( 115 % of $ 100 ) = 85 / 100 * 115 / 100 * 100 = $ 97.75 answer is a
Answer: A