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1953 AMC 12 Question 43

AMC12 · 1953 AMC 12

Question 43

If the price of an article is increased by per cent $p,$ then the decrease in per cent of sales must not exceed $d$ in order to yield the same income. The value of $d$ is:
  1. $\dfrac1{1+p}$
  2. $\dfrac1{1-p}$
  3. $\dfrac p{1+p}$
  4. $\dfrac p{p-1}$
  5. $\dfrac{1-p}{1+p}$