MathDB
A Jobber

Source: 1964 AHSME Problem 9

September 12, 2012
AMC

Problem Statement

A jobber buys an article at $24\$24 less 1212%12\frac{1}{2}\%. He then wishes to sell the article at a gain of 3313%33\frac{1}{3}\% of his cost after allowing a 20%20\% discount on his marked price. At what price, in dollars, should the article be marked?
<spanclass=latexbold>(A)</span> 25.20<spanclass=latexbold>(B)</span> 30.00<spanclass=latexbold>(C)</span> 33.60<spanclass=latexbold>(D)</span> 40.00<spanclass=latexbold>(E)</span> none of these{{ <span class='latex-bold'>(A)</span>\ 25.20 \qquad<span class='latex-bold'>(B)</span>\ 30.00 \qquad<span class='latex-bold'>(C)</span>\ 33.60 \qquad<span class='latex-bold'>(D)</span>\ 40.00 }\qquad<span class='latex-bold'>(E)</span>\ \text{none of these} }