SOLUTION: Under plan A Giselle would have to pay the first $80 of her medical bills. plus 40% of the rest. Under Plan B Giselle would pay the first $240 but only 25% of the rest. For what am

Question 373877: Under plan A Giselle would have to pay the first $80 of her medical bills. plus 40% of the rest. Under Plan B Giselle would pay the first $240 but only 25% of the rest. For what amount of medical bills will plan B Save Giselle Money? Assume she has over $240 in bills.
Giselle would save with plan B if she had more then ?? in bills
Answer by mananth(16949) (Show Source): You can put this solution on YOUR website!
Under plan A Giselle would have to pay the first $80 of her medical bills. plus 40% of the rest. Under Plan B Giselle would pay the first $240 but only 25% of the rest. For what amount of medical bills will plan B Save Giselle Money? Assume she has over $240 in bills.
...
Let the medical bills be $x
PLAN A
80 of her bill
Balance=
x-80
..
40% 0f (x-80)= 0.4(x-80)
80+0.4(x-80)
...
PLAN B
...
$240 of her bill
Balance = x-240
25% of (x-240)=0.25(x-240)
240+0.25(x-240)
...
80+0.4(x-80)=240+0.25(x-240)
80+0.4x-32=240+0.25x-60
0.4x-0.25x=240-60-80+32
0.15x=132
/0.15
x=132/0.15
x=880
they are same when the bill is $880
However when the bill exceeds $880 PLAN B will save money for her.
..
m.ananth@hotmail.ca

RELATED QUESTIONS
Bayside Insurance offers two health plans. Under plan A, Giselle would have to pay the... (answered by stanbon,solver91311)

Bayside Insurance offers two health plans. Under plan A, Giselle would have to pay the... (answered by solver91311)

Bayside insurance offers two health plans. Under plan A, Giselle would have to pay the... (answered by mananth)

bayside insurance offers two health plans under plan A Giselle would have to pay $80 of... (answered by mananth)

Bayside insurance offers two health plans.Under plan A, Giselle would have to pay the... (answered by mananth)

Bayside insurance offers two health plans. Under plan A Giselle would have to pay the... (answered by BrittanyM)

Bayside Insurance offers two health plans. Under plan A, Giselle would have to pay the... (answered by jorel1380)

Bayside Insurance offers two health plans. Under plan A, Giselle would have to pay the... (answered by jim_thompson5910)

Bayside insurance offers two health plans. Under plan A, Giselle would have to pay the... (answered by ankor@dixie-net.com)