The price of a jacket is reduced by 25%. During a special sale the price of the jacket is reduced another 25%. By approximately what percent must the price of the jacket now be increased in order to restore it to its original amount? Choose the correct choice from the following:
A) 32.5
B) 77.78
C) 48
D) 65
E) 67.5

Rationale: "1 ) let the price of jacket initially be $ 100 . 2 ) then it is decreased by 25 % , therefore bringing down the price to $ 75 . 3 ) again it is further discounted by 10 % , therefore bringing down the price to $ 56.25 4 ) now 56.25 has to be added byx % in order to equal the original price . 56.25 + ( x % ) 56.25 = 100 . solving this eq for x , we get x = 77.78 ans is b ."
Answer: B