Difference between revisions of "1950 AHSME Problems/Problem 23"
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==Problem== | ==Problem== | ||
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A man buys a house for $10,000 and rents it. He puts <math>12\frac{1}{2}\%</math> of each month's rent aside for repairs and upkeep; pays $325 a year taxes and realizes <math>5\frac{1}{2}\%</math> on his investment. The monthly rent (in dollars) is: | A man buys a house for $10,000 and rents it. He puts <math>12\frac{1}{2}\%</math> of each month's rent aside for repairs and upkeep; pays $325 a year taxes and realizes <math>5\frac{1}{2}\%</math> on his investment. The monthly rent (in dollars) is: | ||
<math> \textbf{(A)}\ \64.82\qquad\textbf{(B)}\ \83.33\qquad\textbf{(C)}\ \72.08\qquad\textbf{(D)}\ \45.83\qquad\textbf{(E)}\ \177.08 </math> | <math> \textbf{(A)}\ \64.82\qquad\textbf{(B)}\ \83.33\qquad\textbf{(C)}\ \72.08\qquad\textbf{(D)}\ \45.83\qquad\textbf{(E)}\ \177.08 </math> | ||
| + | == Solution == | ||
{{solution}} | {{solution}} | ||
| + | == See Also == | ||
{{AHSME box|year=1950|num-b=22|num-a=24}} | {{AHSME box|year=1950|num-b=22|num-a=24}} | ||
| + | |||
| + | [[Category:Introductory Algebra Problems]] | ||
Revision as of 14:21, 17 April 2012
Problem
A man buys a house for $10,000 and rents it. He puts 
of each month's rent aside for repairs and upkeep; pays $325 a year taxes and realizes 
on his investment. The monthly rent (in dollars) is:
$\textbf{(A)}\ \64.82\qquad\textbf{(B)}\ \83.33\qquad\textbf{(C)}\ \72.08\qquad\textbf{(D)}\ \45.83\qquad\textbf{(E)}\ \177.08$ (Error compiling LaTeX. Unknown error_msg)
Solution
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See Also
| 1950 AHSME (Problems • Answer Key • Resources) | ||
| Preceded by Problem 22 |
Followed by Problem 24 | |
| 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 • 26 • 27 • 28 • 29 • 30 | ||
| All AHSME Problems and Solutions | ||
