2001 AMC 12 Problems/Problem 3
Problem
The state income tax where Kristin lives is levied at the rate of $p%$ (Error compiling LaTeX. Unknown error_msg) of the first
<dollar/> of annual income plus $(p + 2)%$ (Error compiling LaTeX. Unknown error_msg) of any amount above <dollar/>
. Kristin
noticed that the state income tax she paid amounted to $(p + 0.25)%$ (Error compiling LaTeX. Unknown error_msg) of her
annual income. What was her annual income?
<dollar/>
<dollar/>
<dollar/>
<dollar/>
<dollar/>
Solution (unverified)
Let the income amount be denoted by .
We know that .
We can now try to solve for :
So the answer is
See Also
2001 AMC 12 (Problems • Answer Key • Resources) | |
Preceded by Problem 2 |
Followed by Problem 4 |
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All AMC 12 Problems and Solutions |