# 2012 AMC 12B Problems/Problem 4

## Problem

Suppose that the euro is worth 1.3 dollars. If Diana has 500 dollars and Etienne has 400 euros, by what percent is the value of Etienne's money greater that the value of Diana's money?

$\textbf{(A)}\ 2\qquad\textbf{(B)}\ 4\qquad\textbf{(C)}\ 6.5\qquad\textbf{(D)}\ 8\qquad\textbf{(E)}\ 13$

## Solution

The ratio $\frac{400 \text{ euros}}{500 \text{ dollars}}$ can be simplified using conversion factors:$$\frac{400 \text{ euros}}{500 \text{ dollars}} \cdot \frac{1.3 \text{ dollars}}{1 \text{ euro}} = \frac{520}{500} = 1.04$$ which means the money is greater by $\boxed{ \textbf{(B)} \ 4 }$ percent.

## See Also

 2012 AMC 12B (Problems • Answer Key • Resources) Preceded byProblem 3 Followed byProblem 5 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 All AMC 12 Problems and Solutions

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