2003 AMC 8 Problems/Problem 11
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Problem
Business is a little slow at Lou's Fine Shoes, so Lou decides to have a sale. On Friday, Lou increases all of Thursday's prices by $10%$ (Error compiling LaTeX. Unknown error_msg). Over the weekend, Lou advertises the sale: Ten percent off the listed price. Sale starts Monday." How much does a pair of shoes cost on Monday that cost dollars on Thursday?
Solution
On Friday, the shoes would cost dollars. Then on Monday, the shoes would cost .