AMC 8 Daily Practice Round 8

Complete problem set with solutions and individual problem pages

Problem 1 Medium

An item is marked at 220 dollars. It is sold at a 50\% discount off the marked price, and still yields a profit of 10\%. What is the cost price of this item, in dollars?

  • A.

    200

  • B.

    150

  • C.

    120

  • D.

    100

  • E.

    80

Answer:D

220\times \frac{5}{10}=110 dollars

110\div \left( 1+10\% \right)=100 dollars.