1995 AMC 8 Problem 1

Attempt Problem 1 of the 1995 AMC 8 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 1995 AMC 8 solutions, or check the answer key.

All problems are used with official legal permission of the Mathematical Association of America (MAA).

1.

Walter has exactly one penny, one nickel, one dime and one quarter in his pocket. What percent of one dollar is in his pocket?
4%4\%
25%25\%
40%40\%
41%41\%
59%59\%
Answer: D
Concepts:moneypercentage
Small hint:
Add up the values of the coins in cents
Big hint:
1+5+10+251 + 5 + 10 + 25 cents, and 100100 cents make one dollar
Solution:
The coins total 1+5+10+25=411 + 5 + 10 + 25 = 41 cents.
Since one dollar is 100100 cents, this is 41%41\% of a dollar.
Thus, the correct answer is D .
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