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Difference between revisions of "2023 AMC 8 Problems/Problem 14"

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==Problem==
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Nicolas is planning to send a package to his friend Anton, who is a stamp collector. To pay for the postage, Nicolas would like to cover the package with a large number of stamps. Suppose he has a collection of <math>5</math>-cent, <math>10</math>-cent, and <math>25</math>-cent stamps, with exactly <math>20</math> of each type. What is the greatest number of stamps Nicolas can use to make exactly <math>\$7.10</math> in postage?
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(Note: The amount <math>\$7.10</math> corresponds to <math>7</math> dollars and <math>10</math> cents. One dollar is worth <math>100</math> cents.)
  
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<math>\textbf{(A)}\ 45 \qquad \textbf{(B)}\ 46 \qquad \textbf{(C)}\ 51 \qquad \textbf{(D)}\ 54\qquad \textbf{(E)}\ 55</math>
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==Solution 1==
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Let's use the most stamps to make <math>7.10.</math> We have <math>20</math> of each stamp, <math>5</math>-cent (nickels), <math>10</math>-cent (dimes), and <math>25</math>-cent (quarters).
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If we want the highest number of stamps, we must have the highest number of the smaller value stamps (like the coins above). We can use <math>20</math> nickels and <math>20</math> dimes to bring our total cost to <math>7.10 - 3.00 = 4.10</math>. However, when we try to use quarters, the <math>25</math> cents don’t fit evenly, so we have to give back <math>15</math> cents to make the quarter amount <math>4.25</math>. The most efficient way to do this is to give back a  <math>10</math>-cent (dime) stamp and a <math>5</math>-cent (nickel) stamp to have <math>38</math> stamps used so far. Now, we just use <math>\frac{425}{25} = 17</math> quarters to get a grand total of <math>38 + 17 = \boxed{\textbf{(E)}\ 55}</math>.
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~apex304, SohumUttamchandani, wuwang2002, TaeKim, Cxrupptedpat, InterstellerApex, mahika99
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==Solution 2==
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The value of his entire stamp collection is <math>8</math> dollars. To make <math>\$7.10</math> with stamps, he should remove <math>90</math> cents worth of stamps with as few stamps as possible. To do this, he should start by removing as many <math>25</math> cent stamps as possible as they have the greatest denomination. He can remove at most <math>3</math> of these stamps. He still has to remove <math>90-25\cdot3=15</math> cents worth of stamps. This can be done with one <math>5</math> and <math>10</math> cent stamp. In total, he has <math>20\cdot3=60</math> stamps in his entire collection. As a result, the maximum number of stamps he can use is <math>20\cdot3-5=\boxed{\textbf{(E)}\ 55}</math>.
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~pianoboy
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~MathFun1000 (Rewrote for clarity and formatting)
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~vadava_lx (minor edits)
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==Video Solution (CREATIVE THINKING!!!)==
 +
https://youtu.be/vq3voJZ-hvw
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 +
~Education, the Study of Everything
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==Video Solution by Math-X (Smart and Simple)==
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https://youtu.be/Ku_c1YHnLt0?si=GHLp1q_7Le68a4rJ&t=2454 ~Math-X note from InterstellerApex: this is wrong, he didn’t choose the correct answer. :(
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==Animated Video Solution==
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https://youtu.be/XP_tyhTqOBY
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~Star League (https://starleague.us)
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==Video Solution by Magic Square==
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https://youtu.be/-N46BeEKaCQ?t=4280
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==Video Solution by Interstigation==
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https://youtu.be/DBqko2xATxs&t=1435
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 +
==Video Solution by harungurcan==
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https://www.youtube.com/watch?v=VqN7c5U5o98&t=449s
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 +
~harungurcan
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==Video Solution (Solve under 60 seconds!!!)==
 +
https://youtu.be/6O5UXi-Jwv4?si=KvvABit-3-ZtX7Qa&t=633
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 +
~hsnacademy
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==Video Solution by Dr. David==
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https://youtu.be/bVA6Sx4mbdM
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 +
==See Also==
 +
{{AMC8 box|year=2023|num-b=13|num-a=15}}
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{{MAA Notice}}

Latest revision as of 00:10, 28 October 2024

Problem

Nicolas is planning to send a package to his friend Anton, who is a stamp collector. To pay for the postage, Nicolas would like to cover the package with a large number of stamps. Suppose he has a collection of $5$-cent, $10$-cent, and $25$-cent stamps, with exactly $20$ of each type. What is the greatest number of stamps Nicolas can use to make exactly $$7.10$ in postage? (Note: The amount $$7.10$ corresponds to $7$ dollars and $10$ cents. One dollar is worth $100$ cents.)

$\textbf{(A)}\ 45 \qquad \textbf{(B)}\ 46 \qquad \textbf{(C)}\ 51 \qquad \textbf{(D)}\ 54\qquad \textbf{(E)}\ 55$

Solution 1

Let's use the most stamps to make $7.10.$ We have $20$ of each stamp, $5$-cent (nickels), $10$-cent (dimes), and $25$-cent (quarters).

If we want the highest number of stamps, we must have the highest number of the smaller value stamps (like the coins above). We can use $20$ nickels and $20$ dimes to bring our total cost to $7.10 - 3.00 = 4.10$. However, when we try to use quarters, the $25$ cents don’t fit evenly, so we have to give back $15$ cents to make the quarter amount $4.25$. The most efficient way to do this is to give back a $10$-cent (dime) stamp and a $5$-cent (nickel) stamp to have $38$ stamps used so far. Now, we just use $\frac{425}{25} = 17$ quarters to get a grand total of $38 + 17 = \boxed{\textbf{(E)}\ 55}$.

~apex304, SohumUttamchandani, wuwang2002, TaeKim, Cxrupptedpat, InterstellerApex, mahika99

Solution 2

The value of his entire stamp collection is $8$ dollars. To make $$7.10$ with stamps, he should remove $90$ cents worth of stamps with as few stamps as possible. To do this, he should start by removing as many $25$ cent stamps as possible as they have the greatest denomination. He can remove at most $3$ of these stamps. He still has to remove $90-25\cdot3=15$ cents worth of stamps. This can be done with one $5$ and $10$ cent stamp. In total, he has $20\cdot3=60$ stamps in his entire collection. As a result, the maximum number of stamps he can use is $20\cdot3-5=\boxed{\textbf{(E)}\ 55}$.

~pianoboy

~MathFun1000 (Rewrote for clarity and formatting)

~vadava_lx (minor edits)

Video Solution (CREATIVE THINKING!!!)

https://youtu.be/vq3voJZ-hvw

~Education, the Study of Everything

Video Solution by Math-X (Smart and Simple)

https://youtu.be/Ku_c1YHnLt0?si=GHLp1q_7Le68a4rJ&t=2454 ~Math-X note from InterstellerApex: this is wrong, he didn’t choose the correct answer. :(

Animated Video Solution

https://youtu.be/XP_tyhTqOBY

~Star League (https://starleague.us)

Video Solution by Magic Square

https://youtu.be/-N46BeEKaCQ?t=4280

Video Solution by Interstigation

https://youtu.be/DBqko2xATxs&t=1435

Video Solution by harungurcan

https://www.youtube.com/watch?v=VqN7c5U5o98&t=449s

~harungurcan

Video Solution (Solve under 60 seconds!!!)

https://youtu.be/6O5UXi-Jwv4?si=KvvABit-3-ZtX7Qa&t=633

~hsnacademy

Video Solution by Dr. David

https://youtu.be/bVA6Sx4mbdM

See Also

2023 AMC 8 (Problems • Answer Key • Resources)
Preceded by
Problem 13 		Followed by
Problem 15
1 • 2 • 3 • 4 • 5 • 6 • 7 • 8 • 9 • 10 • 11 • 12 • 13 • 14 • 15 • 16 • 17 • 18 • 19 • 20 • 21 • 22 • 23 • 24 • 25
All AJHSME/AMC 8 Problems and Solutions

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