2019 AMC 8

Complete problem set with solutions and individual problem pages

Problem 22 Hard

A store increased the original price of a shirt by a certain percent and then lowered the new price by the same amount. Given that the resulting price was 84\% of the original price, by what percent was the price increased and decreased?

  • A.

    16

  • B.

    20

  • C.

    28

  • D.

    36

  • E.

    40

Answer:E

Solution 1

Suppose the fraction of discount is x. That means (1-x)(1+x)=0.84; so, 1-x^{2}=0.84, and (x^{2})=0.16, procuring x=0.4. Therefore, the price was increased and decreased by 40%, or \boxed{\textbf{(E)}\ 40}.

 

Solution 2

Let x be the discount. We can also work in reverse such as (84)(\frac{100}{100-x})(\frac{100}{100+x}) = 100.

Thus, 8400 = (100+x)(100-x). Solving for x gives us x = 40, -40. But x has to be positive. Thus, x = 40.