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The cost of 1 piece of gum is 1 cent. What is the cost of 1000 pieces of gum?

(A) $\$0.01$ (B) $\$0.10$ (C) $\$1.00$ (D) $\$10.00$ (E) $\$100.00$

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Source: CEMC, University of Waterloo, licensed CC-BY-NC-4.0. Statement reproduced verbatim; metadata (topic, difficulty, ordering) added by this project. Solutions are the publisher's, linked not copied.