2001 AMC 12 Problems/Problem 3

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Problem

The state income tax where Kristin lives is levied at the rate of $p%$ (Error compiling LaTeX. ! Missing $ inserted.) of the first <dollar/>$28000$ of annual income plus $(p + 2)%$ (Error compiling LaTeX. ! Missing $ inserted.) of any amount above <dollar/>$28000$. Kristin noticed that the state income tax she paid amounted to $(p + 0.25)%$ (Error compiling LaTeX. ! Missing $ inserted.) of her annual income. What was her annual income?

$\text{(A)}\,$<dollar/>$28000\qquad \text{(B)}\,$<dollar/>$32000\qquad \text{(C)}\,$<dollar/>$35000\qquad \text{(D)}\,$<dollar/>$42000\qquad \text{(E)}\,$<dollar/>$56000$

Solution

See Also

2001 AMC 12 (ProblemsAnswer KeyResources)
Preceded by
Problem 2
Followed by
Problem 4
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All AMC 12 Problems and Solutions
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