1995 AHSME Problems/Problem 3

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Problem

The total in-store price for an appliance is $\$ $99.99$ . A television commercial advertises the same product for three easy payments of $\$ $29.98$ and a one-time shipping and handling charge of $\$ $9.98$ . How many cents are saved by buying the appliance from the television advertiser?

$\mathrm{(A) \ 6 } \qquad \mathrm{(B) \ 7 } \qquad \mathrm{(C) \ 8 } \qquad \mathrm{(D) \ 9 } \qquad \mathrm{(E) \ 10 }$

Solution

$99.99 - (29.98*3 + 9.98) = 99.99 - 99.92 = .07 \Rightarrow \mathrm{(B)}$

1995 AHSME (Problems)
Preceded by Problem 2	Followed by Problem 4
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1995 AHSME Problems/Problem 3

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