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2005 AMC 8 Question 2

AMC8 · 2005 AMC 8

Question 2

Karl bought five folders from Pay-A-Lot at a cost of $\$2.50$ each. Pay-A-Lot had a $20\%$-off sale the following day. How much could Karl have saved on the purchase by waiting a day?
  1. $\$ 1.00$
  2. $\$ 2.00$
  3. $\$ 2.50$
  4. $\$ 2.75$
  5. $\$ 5.00$