AMC 10 · 2014 · #3
Grade 5 algebraPick an answer.
AMC 10 2014 problem © Mathematical Association of America (MAA AMC). Reproduced for educational use.
The day happens in three separate selling times, and there is also a cost to subtract at the end. Tool #7 (Identify Subproblems) handles this by treating each time-of-day as its own small money problem: figure out how many loaves sell and at what price, then add the three amounts. Tool #8 (Analyze the Units) keeps the two kinds of numbers straight — how many loaves (a count) versus how many dollars (money) — so the fraction steps act on loaves and the price steps turn loaves into dollars. At the end, cost is subtracted from revenue to get profit.
Morning sale
Half of the 48 loaves — 24 of them — sell at $2.50 each, so the morning brings in $60 and leaves 24 loaves.
Count how many loaves sell first, then turn that count into dollars by multiplying by the price.
5.NBT.B.7Identify SubproblemsAfternoon sale
Two-thirds of those 24 is 16 loaves, sold at the half price of $1.25, so the afternoon adds $20 and leaves 8 loaves.
"Two-thirds of what's left" acts on the 24 loaves now on hand, not on the original 48.
Two thirds of what is left acts on the loaves now on hand, not on the original batch.
▸ Why?
A fraction is always a share of a stated whole, so that whole has to be named first.
▸ Why?
What remains is the original minus what already sold, so the new whole comes from subtracting.
Late-afternoon sale and total revenue
The last 8 loaves go for $1 each, giving $8, so the three sales total $88 in revenue.
Revenue is just the three dollar amounts stacked together, once every loaf is accounted for.
4.OA.A.3Analyze The UnitsSubtract cost to get profit
All 48 loaves cost $0.75 each to bake, or $36 in all, so the profit is 88 minus 36, which is $52 — choice (E).
Profit is what's left of the money you collected after paying for what it cost to make everything.
5.NBT.B.7Analyze The UnitsBreak a busy word problem into one small money question per time of day, add up what you took in, then subtract what it cost to find the real profit.
- Morning sale
- Afternoon sale
- Late-afternoon sale and total revenue
- Subtract cost to get profit