Art of Problem Solving

2001 AMC 12 Problems/Problem 3: Difference between revisions

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{{duplicate|[[2001 AMC 12 Problems|2001 AMC 12 #3]] and [[2001 AMC 10 Problems|2001 AMC 10 #9]]}}
{{duplicate|[[2001 AMC 12 Problems|2001 AMC 12 #3]] and [[2001 AMC 10 Problems|2001 AMC 10 #9]]}}


== Problem ==
==Problem==
The state income tax where Kristin lives is levied at the rate of <math>p\%</math> of the first
The state income tax where Kristin lives is charged at the rate of <math>p\%</math> of the first
<math>\textdollar 28000</math> of annual income plus <math>(p + 2)\%</math> of any amount above <math>\textdollar 28000</math>. Kristin
<math>\textdollar 28000</math> of annual income plus <math>(p + 2)\%</math> of any amount above <math>\textdollar 28000</math>. Kristin
noticed that the state income tax she paid amounted to <math>(p + 0.25)\%</math> of her
noticed that the state income tax she paid amounted to <math>(p + 0.25)\%</math> of her
annual income. What was her annual income?  
annual income. What was her annual income?  


<math>\text{(A)}\,\textdollar 28000 \qquad \text{(B)}\,\textdollar 32000 \qquad \text{(C)}\,\textdollar 35000 \qquad \text{(D)}\,\textdollar 42000 \qquad \text{(E)}\,\textdollar 56000</math>
<math>\textbf{(A)}\,\textdollar 28000 \qquad \textbf{(B)}\,\textdollar 32000 \qquad \textbf{(C)}\,\textdollar 35000 \qquad \textbf{(D)}\,\textdollar 42000 \qquad \textbf{(E)}\,\textdollar 56000</math>


== Solution==
==Solution 1==


=== Solution 1 ===
Let <math>A</math>, <math>T</math> be Kristin's annual income and the income tax total, respectively. Notice that
<cmath>\begin{align*}
T &= p\%\cdot28000 + (p + 2)\%\cdot(A - 28000) \\
&= [p\%\cdot28000 + p\%\cdot(A - 28000)] + 2\%\cdot(A - 28000) \\
&= p\%\cdot A + 2\%\cdot(A - 28000)
\end{align*}</cmath>
We are also given that <cmath>T = (p + 0.25)\%\cdot A = p\%\cdot A + 0.25\%\cdot A</cmath>
Thus, <cmath>p\%\cdot A + 2\%\cdot(A - 28000) = p\%\cdot A + 0.25\%\cdot A</cmath> <cmath>2\%\cdot(A - 28000) = 0.25\%\cdot A</cmath>
Solve for <math>A</math> to obtain <math>A = \boxed{\textbf{(B) }\textdollar 32000} </math>.


Let the income amount be denoted by <math>A</math>.
~ Nafer


We know that <math>\frac{A(p+.25)}{100}=\frac{28000p}{100}+\frac{(p+2)(A-28000)}{100}</math>.
Note: You may also assume p = 0 for easy calculation.


We can now try to solve for <math>A</math>:
==Video Solution by Daily Dose of Math==


<math>(p+.25)A=28000p+Ap+2A-28000p-56000</math>
https://youtu.be/io1JWEGl_J0?si=qa09mILGOdoNM5pc


<math>.25A=2A-56000</math>
~Thesmartgreekmathdude
 
<math>A=32000</math>
 
So the answer is <math>\boxed{B}</math>
 
=== Solution 2 ===
 
Let <math>A</math> be Kristin's annual income. Notice that <cmath>A = p\%\cdot28000 + (p + 2)%\cdot(A - 28000) = [p%\cdot28000 + p%\cdot(A - 28000)] + 2%\cdot(A - 28000) =</cmath>


== See Also ==
== See Also ==
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{{AMC10 box|year=2001|num-b=8|num-a=10}}
{{AMC10 box|year=2001|num-b=8|num-a=10}}
{{MAA Notice}}
{{MAA Notice}}
[[Category: Introductory Algebra Problems]]

Latest revision as of 16:14, 18 October 2025

The following problem is from both the 2001 AMC 12 #3 and 2001 AMC 10 #9, so both problems redirect to this page.

Problem

The state income tax where Kristin lives is charged at the rate of $p\%$ of the first $\textdollar 28000$ of annual income plus $(p + 2)\%$ of any amount above $\textdollar 28000$. Kristin noticed that the state income tax she paid amounted to $(p + 0.25)\%$ of her annual income. What was her annual income?

$\textbf{(A)}\,\textdollar 28000 \qquad \textbf{(B)}\,\textdollar 32000 \qquad \textbf{(C)}\,\textdollar 35000 \qquad \textbf{(D)}\,\textdollar 42000 \qquad \textbf{(E)}\,\textdollar 56000$

Solution 1

Let $A$, $T$ be Kristin's annual income and the income tax total, respectively. Notice that \begin{align*} T &= p\%\cdot28000 + (p + 2)\%\cdot(A - 28000) \\ &= [p\%\cdot28000 + p\%\cdot(A - 28000)] + 2\%\cdot(A - 28000) \\ &= p\%\cdot A + 2\%\cdot(A - 28000) \end{align*} We are also given that \[T = (p + 0.25)\%\cdot A = p\%\cdot A + 0.25\%\cdot A\] Thus, \[p\%\cdot A + 2\%\cdot(A - 28000) = p\%\cdot A + 0.25\%\cdot A\] \[2\%\cdot(A - 28000) = 0.25\%\cdot A\] Solve for $A$ to obtain $A = \boxed{\textbf{(B) }\textdollar 32000}$.

~ Nafer

Note: You may also assume p = 0 for easy calculation.

Video Solution by Daily Dose of Math

https://youtu.be/io1JWEGl_J0?si=qa09mILGOdoNM5pc

~Thesmartgreekmathdude

See Also

2001 AMC 12 (ProblemsAnswer KeyResources)
Preceded by
Problem 2
Followed by
Problem 4
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
All AMC 12 Problems and Solutions
2001 AMC 10 (ProblemsAnswer KeyResources)
Preceded by
Problem 8
Followed by
Problem 10
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
All AMC 10 Problems and Solutions

These problems are copyrighted © by the Mathematical Association of America, as part of the American Mathematics Competitions. Error creating thumbnail: File missing