AMC 10 Step by Step

2003 AMC 10B Problem 12

P11-15~2 minPrint

Al, Betty, and Clare split $1000\$1000 among them to be invested in different ways. Each begins with a different amount. At the end of one year, they have a total of $1500\$1500 dollars. Betty and Clare have both doubled their money, whereas Al has managed to lose $100\$100 dollars. What was Al's original portion?

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Key insight

Treat Betty and Clare as one team whose money doubles. If Al starts with a, the team has 1000 - a, and the total 1500 gives a = 400.

Solution

1. Betty and Clare both double their money, so we never need their amounts separately. Treat them as one team.
2. Say Al starts with aa dollars. The team starts with the rest: 1000−a1000 - a dollars.
3. After a year:
- Al has lost 100100, so he has a−100a - 100.
- The team has doubled, so it has 2(1000−a)=2000−2a2(1000 - a) = 2000 - 2a.
4. Together they have 15001500:
(a−100)+(2000−2a)=1500.(a - 100) + (2000 - 2a) = 1500.
The left side simplifies to 1900−a1900 - a, so 1900−a=15001900 - a = 1500 and a=400a = 400.
5. Check: the team starts with 600600 and ends with 12001200. Al ends with 300300. And 1200+300=15001200 + 300 = 1500.

The answer is (C) $400\boxed{\textbf{(C)}\ \$400}.

Why this works

When two people go through exactly the same change, you can lump them together as one amount. That turns three unknowns into one. The fact that each person starts with a different amount does not affect the answer at all.

Alternative approach

Pretend Al had not lost the 100100. Then the final total would be 16001600, which is 600600 more than the 10001000 they started with. All of that growth came from Betty and Clare doubling their money, and doubling adds an amount equal to what you started with. So Betty and Clare started with 600600 together, and Al started with 1000−600=4001000 - 600 = 400.

Concise solution

A shorter write-up, the way contest solutions are usually written. It may take a different route from the solution above.

Let Al start with aa dollars. Betty and Clare together start with 1000−a1000 - a dollars. Since each of them doubles her money, together they end with 2(1000−a)2(1000 - a), while Al ends with a−100a - 100.

The final total is 15001500:
(a−100)+2(1000−a)=1500.(a - 100) + 2(1000 - a) = 1500.
a−100+2000−2a=1500⟹−a+1900=1500⟹a=400.a - 100 + 2000 - 2a = 1500 \quad\Longrightarrow\quad -a + 1900 = 1500 \quad\Longrightarrow\quad a = 400.

Check: Betty and Clare start with 600600 and end with 12001200; Al ends with 300300; 1200+300=15001200 + 300 = 1500.

The answer is (C) $400\boxed{\textbf{(C)}\ \$400}.

Review in the AoPS books

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Problem © Mathematical Association of America (MAA), American Mathematics Competitions. Reproduced for non-commercial educational use. Solution and commentary are original to this site.