Problem #1196


A scout troop buys $1000$ candy bars at a price of five for $$2$. They sell all the candy bars at a price of two for $$1$. What was the profit, in dollars?

$\mathrm{(A)} 100 \qquad \mathrm{(B)} 200 \qquad \mathrm{(C)} 300 \qquad \mathrm{(D)} 400 \qquad \mathrm{(E)} 500$

This problem is copyrighted by the American Mathematics Competitions.

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Instructions for entering answers:

  • Reduce fractions to lowest terms and enter in the form 7/9.
  • Numbers involving pi should be written as 7pi or 7pi/3 as appropriate.
  • Square roots should be written as sqrt(3), 5sqrt(5), sqrt(3)/2, or 7sqrt(2)/3 as appropriate.
  • Exponents should be entered in the form 10^10.
  • If the problem is multiple choice, enter the appropriate (capital) letter.
  • Enter points with parentheses, like so: (4,5)
  • Complex numbers should be entered in rectangular form unless otherwise specified, like so: 3+4i. If there is no real component, enter only the imaginary component (i.e. 2i, NOT 0+2i).

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