MathDB

15

Part of 1980 AMC 12/AHSME

Problems(1)

Item Price

Source:

12/31/2005
A store prices an item in dollars and cents so that when 4% sales tax is added, no rounding is necessary because the result is exactly nn dollars where nn is a positive integer. The smallest value of nn is (A) 1(B) 13(C) 25(D) 26(E) 100\text{(A)} \ 1 \qquad \text{(B)} \ 13 \qquad \text{(C)} \ 25 \qquad \text{(D)} \ 26 \qquad \text{(E)} \ 100