sandy wrote:
The total amount that Mary paid for a book was equal to the price of the book plus a sales tax that was 4 percent of the price of the book. Mary paid for the book with a $10 bill and received the correct change, which was less than $3.00. Which of the following statements must be true?
Indicate all such statements.
A The price of the book was less than $9.50.
B The price of the book was greater than $6.90.
C The sales tax was less than $0.45.
Let B = the price of the book (without the tax)
So, 0.04B = the tax paid on the book.
So, B + 0.04B = TOTAL amount paid
In other words, 1.04B = TOTAL amount paid
Mary paid for the book with a $10 bill and received the correct change, which was less than $3.00.So, $10 - 1.04B = the change received
Since the changed received is less than $3.00, we can write:
10 - 1.04B < 3.00Take:
10 - 1.04B < 3.00Subtract 10 from both sides: -1.04B < -7.00
Divide both sides by -1.04 to get:
B > $6.73NOTE: This, of course, doesn't mean that the book (B) can be ANY price greater than $6.73
We know this, because Mary received CHANGE after paying $10
So, we know that the TOTAL amount paid must be less than $10
In other words, we can write: 1.04B < $10
Divide both sides by 1.04 to get
B < $9.62Combine our inequalities to get:
$6.73 < B < $9.62A The price of the book was less than $9.50.Since
$6.73 < B < $9.62, we know that the price of the book (B) COULD be $9.60
So,
statement A need not be trueB The price of the book was greater than $6.90.Since
$6.73 < B < $9.62, we know that the price of the book (B) COULD be $9.70
So,
statement B need not be trueC The sales tax was less than $0.45.Notice that 4% of $10 = $0.40
Since we know that the book costs LESS THAN $10, the sales tax must be less than $0.40
So,
statement C IS trueCheers,
Brent
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Brent Hanneson - founder of Greenlight Test Prep