1983 AHSME Problems/Problem 7
Problem
Alice sells an item at less than the list price and receives of her selling price as her commission. Bob sells the same item at less than the list price and receives of his selling price as his commission. If they both get the same commission, then the list price is
Solution
If is the list price, then . Solving this equation gives , so the answer is .
See Also
1983 AHSME (Problems • Answer Key • Resources) | ||
Preceded by Problem 6 |
Followed by Problem 8 | |
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