2004 AMC 10A Problem 3

Below is the professionally curated solution for Problem 3 of the 2004 AMC 10A, from LIVE by Po-Shen Loh. You can also try the full timed exam, view all 2004 AMC 10A solutions, or check the answer key.

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Concepts:percentageunit conversion

Difficulty rating: 870

3.

Alicia earns $2020 per hour, of which 1.45%1.45\% is deducted to pay local taxes. How many cents per hour of Alicia's wages are used to pay local taxes?

0.00290.0029

0.0290.029

0.290.29

2.92.9

2929

Solution:

Since $2020 equals 20002000 cents, the local tax is 0.0145×2000=29 0.0145 \times 2000 = 29 cents per hour.

Thus, the correct answer is E.

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