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1983 AMC 12 Question 7

AMC12 · 1983 AMC 12

Question 7

Alice sells an item at $\$10$ less than the list price and receives $10\%$ of her selling price as her commission. Bob sells the same item at $\$20$ less than the list price and receives $20\%$ of his selling price as his commission. If they both get the same commission, then the list price is
  1. $\$20$
  2. $\$30$
  3. $\$50$
  4. $\$70$
  5. $\$100$