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2023 AMC 10B Problem 2

Problem 2 of 25EasierAlgebra

Carlos went to a sports store to buy running shoes. Running shoes were on sale, with prices reduced by 20%20\% on every pair of shoes. Carlos also knew that he had to pay a 7.5%7.5\% sales tax on the discounted price. He had 4343 dollars. What is the original (before discount) price of the most expensive shoes he could afford to buy?

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Solution

Let PP be the original price. After the discount and tax, Carlos pays 0.8P×1.075=0.86P.0.8P \times 1.075 = 0.86P. He can afford it when 0.86P43,0.86P \le 43, which means P50.P \le 50. So the priciest shoes he can swing start at $50.\$50. Therefore, the answer is B.

More practice

Concepts: percentage · inequality

Problem text and solution from the LIVE past-contest archive. See also the AoPS wiki page for community solutions.