2005 AMC 12B Problems/Problem 1

Revision as of 21:56, 17 April 2009 by M1sterzer0 (talk | contribs) (Problem)

Problem

A scout troop buys $1000$ candy bars at a price of five for $2$ dollars. They sell all the candy bars at the price of two for $1$ dollar. What was their profit, in dollars?

$\mathrm{(A)}\ 100      \qquad \mathrm{(B)}\ 200      \qquad \mathrm{(C)}\ 300      \qquad \mathrm{(D)}\ 400      \qquad \mathrm{(E)}\ 500$

Solution

$2=0.1x \Rightarrow x=20$.

$2=0.2y \Rightarrow y=10$.

$\therefore x-y=20-10=\boxed{10}$.

See also