2002 AMC 8 Problems/Problem 14
Problem 14
A merchant offers a large group of items at off. Later, the merchant takes
off these sale prices and claims that the final price of these items is
off the original price. The total discount is
Solution #1
Let's assume that each item is . First we take off
off of
$$100\cdot0.70=$70$ (Error compiling LaTeX. ! Missing $ inserted.)
Next, we take off the extra as asked by the problem. $$70\cdot0.80=$56$ (Error compiling LaTeX. ! Missing $ inserted.)
So the final price of an item is . We have to do
because
was the final price and we wanted the discount.
so the final discount was