1953 AHSME Problems/Problem 16

Revision as of 23:46, 25 January 2020 by Rayfish (talk | contribs)

Problem 16

Adams plans a profit of $10$ % on the selling price of an article and his expenses are $15$ % of sales. The rate of markup on an article that sells for $ $5.00$ is:

$\textbf{(A)}\ 20\% \qquad \textbf{(B)}\ 25\% \qquad \textbf{(C)}\ 30\% \qquad \textbf{(D)}\ 33\frac {1}{3}\% \qquad \textbf{(E)}\ 35\%$

Solution

See Also

1953 AHSC (ProblemsAnswer KeyResources)
Preceded by
Problem 15
Followed by
Problem 17
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 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50
All AHSME Problems and Solutions

The problems on this page are copyrighted by the Mathematical Association of America's American Mathematics Competitions. AMC logo.png