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1969 AMC 12 Question 2

AMC12 · 1969 AMC 12

Question 2

If an item is sold for $x$ dollars, there is a loss of $15\%$ based on the cost. If, however, the same item is sold for $y$ dollars, there is a profit of $15\%$ based on the cost. The ratio $y:x$ is:
  1. $23:17$
  2. $17y:23$
  3. $23x:17$
  4. dependent upon the cost
  5. none of these