2019 AMC 8 Problems/Problem 22

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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 $\boxed{\textbf{(E)}\ 40}$.

~phoenixfire

Solution 2(Answer options)

Let the price be 100 and then trying for each option leads to $\boxed{\textbf{(E)}\ 40}$.

-phoenixfire

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 $x$ = $40$.

~phoenixfire

See Also

2019 AMC 8 (ProblemsAnswer KeyResources)
Preceded by
Problem 21
Followed by
Problem 23
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All AJHSME/AMC 8 Problems and Solutions

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