AMC8 1995 Problem 10

A jacket and a shirt originally sold for \$ 80 and \$ 40, respectively. During a sale Chris bought the \$ 80 jacket at a 40 \% discount and the \$ 40 shirt at a 55 \% discount. The total amount saved was what percent of the total of the original prices?

Answer Choices
A. 45 \%
B. 47 \dfrac{1}{2} \%
C. 50 \%
D. 79 \dfrac{1}{6} \%
E. 95 \%