AMC 8 · 2003 · #11
Grade 7 rate-ratio percentagefraction-arithmeticmulti-digit-arithmetic identify-subproblemspattern-recognition ↑ Prerequisites: percentagefraction-decimal-conversionmulti-digit-arithmetic
📏 Short solution 💡 2 insights
Problem
Business is a little slow at Lou's Fine Shoes, so Lou decides to have a
sale. On Friday, Lou increases all of Thursday's prices by percent. Over the
weekend, Lou advertises the sale: "Ten percent off the listed price. Sale
starts Monday." How much does a pair of shoes cost on Monday that
cost dollars on Thursday?
Pick an answer.
(A)
36
(B)
39.60
(C)
40
(D)
40.40
(E)
44
AMC 8 2003 problem © Mathematical Association of America (MAA AMC). Reproduced for educational use.
Try it yourself first — the explanation is most useful after you’ve attempted it.