Difference between revisions of "2019 AMC 8 Problems/Problem 22"

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Let our original cost be <math>\$ 100.</math> We are looking for a result of <math>\$ 84,</math> then. We try 16% and see it gets us higher than 84. We try 20% and see it gets us lower than 16 but still higher than 84. We know that the higher the percent, the less the value. We try 36, as we are not progressing much, and we are close! We try <math>\boxed{40\%}</math>, and we have the answer; it worked.
 
Let our original cost be <math>\$ 100.</math> We are looking for a result of <math>\$ 84,</math> then. We try 16% and see it gets us higher than 84. We try 20% and see it gets us lower than 16 but still higher than 84. We know that the higher the percent, the less the value. We try 36, as we are not progressing much, and we are close! We try <math>\boxed{40\%}</math>, and we have the answer; it worked.
  
==Video explaining solution==  
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==Video Explaining Solution==  
  
https://www.youtube.com/watch?v=_TheVi-6LWE -  Happytwin
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https://www.youtube.com/watch?v=_TheVi-6LWE  
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 +
-  Happytwin
  
 
Associated video - https://www.youtube.com/watch?v=aJX27Cxvwlc
 
Associated video - https://www.youtube.com/watch?v=aJX27Cxvwlc
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https://youtu.be/gX_l0PGsQao
 
https://youtu.be/gX_l0PGsQao
  
https://www.youtube.com/watch?v=RcBDdB35Whk&list=PLLCzevlMcsWNBsdpItBT4r7Pa8cZb6Viu&index=4 ~ MathEx
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https://www.youtube.com/watch?v=RcBDdB35Whk&list=PLLCzevlMcsWNBsdpItBT4r7Pa8cZb6Viu&index=4  
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~ MathEx
  
 
https://youtu.be/0MoZFiPp8LA
 
https://youtu.be/0MoZFiPp8LA

Revision as of 07:53, 21 December 2022

Problem 22

A store increased the original price of a shirt by a certain percent and then lowered the new price by the same amount. Given that the resulting price was $84\%$ of the original price, by what percent was the price increased and decreased$?$

$\textbf{(A) }16\qquad\textbf{(B) }20\qquad\textbf{(C) }28\qquad\textbf{(D) }36\qquad\textbf{(E) }40$

Solution 1

Suppose the fraction of discount is $x$. That means $(1-x)(1+x)=0.84$; so, $1-x^{2}=0.84$, and $(x^{2})=0.16$, obtaining $x=0.4$. Therefore, the price was increased and decreased by $40$%, or $\boxed{\textbf{(E)}\ 40}$.

Solution 2 (Answer options)

We can try out every option and see which one works. By this method, we get $\boxed{\textbf{(E)}\ 40}$.

Solution 3

Let x be the discount. We can also work in reverse such as ($84$)$(\frac{100}{100-x})$$(\frac{100}{100+x})$ = $100$.

Thus, $8400$ = $(100+x)(100-x)$. Solving for $x$ gives us $x = 40, -40$. But $x$ has to be positive. Thus, $x$ = $40$.

Solution 4 ~ using the answer choices

Let our original cost be $$ 100.$ We are looking for a result of $$ 84,$ then. We try 16% and see it gets us higher than 84. We try 20% and see it gets us lower than 16 but still higher than 84. We know that the higher the percent, the less the value. We try 36, as we are not progressing much, and we are close! We try $\boxed{40\%}$, and we have the answer; it worked.

Video Explaining Solution

https://www.youtube.com/watch?v=_TheVi-6LWE

- Happytwin

Associated video - https://www.youtube.com/watch?v=aJX27Cxvwlc

https://youtu.be/gX_l0PGsQao

https://www.youtube.com/watch?v=RcBDdB35Whk&list=PLLCzevlMcsWNBsdpItBT4r7Pa8cZb6Viu&index=4

~ MathEx

https://youtu.be/0MoZFiPp8LA

~savannahsolver

https://www.youtube.com/watch?v=DaF8uD8V8u0&list=PLbhMrFqoXXwmwbk2CWeYOYPRbGtmdPUhL&index=24

https://www.youtube.com/watch?v=i1x2b3_hmzA

See Also

2019 AMC 8 (ProblemsAnswer KeyResources)
Preceded by
Problem 21
Followed by
Problem 23
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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