MathDB
Item Price

Source:

December 31, 2005

Problem Statement

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
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