Competition · AMC preparation · step 4 of 4

AMC 8 · 2010 · #3

Grade 6 rate-ratio
percentagegraph-readingfraction-arithmetic identify-subproblems ↑ Prerequisites: percentagemulti-digit-arithmetic
📏 Medium solution 💡 3 insights 📊 Diagram
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Problem
A bar graph shows the price of 5 gallons of gasoline for each of the first 10 months of the year. Reading the bars, the highest price is $17 (Month 1) and the lowest price is $10 (Month 3). By what percent does the highest price exceed the lowest price?

Pick an answer.

(A)
50
(B)
62
(C)
70
(D)
89
(E)
100

AMC 8 2010 problem © Mathematical Association of America (MAA AMC). Reproduced for educational use.

How to solve
Strategy Look for a Pattern

The problem has a simple shape — read two numbers off the graph, then compute a percent increase — so the work splits cleanly into Tool #7 subproblems: (1) extract the maximum and minimum from the bar chart, (2) compute the percent increase using (high - low) / low × 100%. Tool #5 (Look for a Pattern) is what makes the second step quick: 7onabaseof7 on a base of10 is the familiar pattern 7/10 = 0.70 = 70%, so no long division is needed.

1STEP 1

Read the highest and lowest

Scan all ten bars: Month 1 is the tallest at the $17 level, Month 3 the shortest at the $10 gridline.

highest = 17,lowest=17, lowest =10
2STEP 2

Subtract the two prices

The gap between the two prices is $7 — how much the high price clears the low.

17−17 -10 = $7
3STEP 3

Set up the percent ratio

"Exceeds by what percent" means divide the gap by the lowest price — the base — then scale to a percent.

percent more = (17−17 -10)/10×10010 × 100% =7/$10 × 100%
4STEP 4

Compute the percent

The fraction 710\frac{7}{10} is exactly 0.7, so the high price is 70% more than the low.

7/10 × 100% = 70% → (C)
Answer
70
If the high price were double the low price, the increase would be 100%; doubling $10 would mean a high of $20. Since $17 is below $20 but well above $10, the answer must be less than 100% but more than 50%. That rules out (A) and (E) and leaves (B) 62, (C) 70, (D) 89. Our calculation 710\frac{7}{10} = 70% lands on (C), which sits in the expected window.
💡Key takeaway

This AMC 8 problem only needs Grade 6 percent reasoning — divide the gap by the smaller number — that you already know!

  • Read the highest and lowest
  • Subtract the two prices
  • Set up the percent ratio
  • Compute the percent

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