Difference between revisions of "1950 AHSME Problems/Problem 22"
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<math> \textbf{(A)}\ 30\%\qquad\textbf{(B)}\ 15\%\qquad\textbf{(C)}\ 72\%\qquad\textbf{(D)}\ 28\%\qquad\textbf{(E)}\ \text{None of these} </math> | <math> \textbf{(A)}\ 30\%\qquad\textbf{(B)}\ 15\%\qquad\textbf{(C)}\ 72\%\qquad\textbf{(D)}\ 28\%\qquad\textbf{(E)}\ \text{None of these} </math> | ||
− | ==Solution== | + | ==Solution 1 (Kind of Lame)== |
+ | Without loss of generality, assume something costs <math>100</math> dollars. Then with each successive discount, it would cost <math>90</math> dollars, then <math>72</math> dollars. This amounts to a total of <math>28</math> dollars off, so the single discount would be <math>\boxed{\mathrm{(D)}\ 28\%.}</math> | ||
− | + | ==Solution 2 (Technical)== | |
+ | |||
+ | Let the object cost <math>x</math> dollars. After the <math>10\%</math> discount, it's worth <math>(1-10\%)x=0.9x</math> dollars. After a <math>20\%</math> discount on that, it's worth <math>(1-20\%)(0.9x)=0.72x</math> dollars. Say the single discount is of <math>k</math>. Then <math>(1-k)x=0.72x</math>. So <math>k=0.28</math>, or <math>k=28\%</math>. So select <math>\boxed{D}</math>. | ||
+ | |||
+ | ~hastapasta | ||
==See Also== | ==See Also== | ||
− | {{AHSME box|year=1950|num-b=21|num-a=23}} | + | {{AHSME 50p box|year=1950|num-b=21|num-a=23}} |
+ | |||
+ | [[Category:Introductory Algebra Problems]] | ||
+ | {{MAA Notice}} |
Latest revision as of 12:16, 31 March 2022
Problem
Successive discounts of and are equivalent to a single discount of:
Solution 1 (Kind of Lame)
Without loss of generality, assume something costs dollars. Then with each successive discount, it would cost dollars, then dollars. This amounts to a total of dollars off, so the single discount would be
Solution 2 (Technical)
Let the object cost dollars. After the discount, it's worth dollars. After a discount on that, it's worth dollars. Say the single discount is of . Then . So , or . So select .
~hastapasta
See Also
1950 AHSC (Problems • Answer Key • Resources) | ||
Preceded by Problem 21 |
Followed by Problem 23 | |
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All AHSME Problems and Solutions |
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