Difference between revisions of "2007 AMC 12A Problems/Problem 5"

 
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==Solution==
 
==Solution==
After paying his taxes, he has .8*.9=.72 of the inheritance left. Since 10500 is .28 of the inheritance, the whole inheritance is 10500/.28=37500
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After paying his taxes, he has <math>.8*.9=.72</math> of the inheritance left. Since 10500 is .28 of the inheritance, the whole inheritance is <math>\frac{10500}{0.28}=37500\  \mathrm{(D)}</math>.
  
 
==See also==
 
==See also==
* [[2007 AMC 12A Problems/Problem 4 | Previous problem]]
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{{AMC12 box|year=2007|ab=A|num-b=4|num-a=6}}
* [[2007 AMC 12A Problems/Problem 6 | Next problem]]
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* [[2007 AMC 12A Problems]]
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[[Category:Introductory Algebra Problems]]

Revision as of 11:50, 9 September 2007

Problem

Last year Mr. Jon Q. Public received an inheritance. He paid 20% in federal taxes on the inheritance, and paid 10% of what he had left in state taxes. He paid a total of $10500 for both taxes. How many dollars was his inheritance?

Solution

After paying his taxes, he has $.8*.9=.72$ of the inheritance left. Since 10500 is .28 of the inheritance, the whole inheritance is $\frac{10500}{0.28}=37500\  \mathrm{(D)}$.

See also

2007 AMC 12A (ProblemsAnswer KeyResources)
Preceded by
Problem 4
Followed by
Problem 6
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All AMC 12 Problems and Solutions