1965 AHSME Problems/Problem 32

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Problem

An article costing $C$ dollars is sold for $100 at a loss of $x$ percent of the selling price. It is then resold at a profit of $x$ percent of the new selling price $S'$. If the difference between $S'$ and $C$ is $1\frac {1}{9}$ dollars, then $x$ is:

$\textbf{(A)}\ \text{undetermined} \qquad  \textbf{(B) }\ \frac {80}{9} \qquad  \textbf{(C) }\ 10 \qquad  \textbf{(D) }\ \frac{95}{9}\qquad \textbf{(E) }\ \frac{100}{9}$

Solution

$\fbox{C}$

See Also

1965 AHSC (ProblemsAnswer KeyResources)
Preceded by
Problem 31
Followed by
Problem 33
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