1953 AMC 12 Problem 30
Attempt Problem 30 of the 1953 AMC 12 below, then check your answer against the professionally curated solution from LIVE by Po-Shen Loh. You can also try the full timed exam, view all 1953 AMC 12 solutions, or check the answer key.
All problems are used with official legal permission of the Mathematical Association of America (MAA).
30.
A house worth is sold by Mr. to Mr. at a loss. Mr. sells the house back to Mr. at a gain. The result of the two transactions is:
Mr. breaks even
Mr. gains
Mr. loses
Mr. loses
Mr. gains
Answer: D
Small Hint:
Find the price of each sale separately
Big Hint:
The second is taken from the first sale price, not from
Solution:
Mr. first pays dollars. He then sells the house back for dollars. Mr. receives and pays so he loses
Thus, the correct answer is D.
Problem 30 in Other Years
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