SOLUTION: Bayside Insurance offers two plans. Under plan A, Gissell would pay the first $50 of the medical bills and 20% of all bills after that. Under plan b, Giselle would pay the first
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Question 855746: Bayside Insurance offers two plans. Under plan A, Gissell would pay the first $50 of the medical bills and 20% of all bills after that. Under plan b, Giselle would pay the first $250 of bills, but only 10% of the rest. For what amount of medical bill will plan B save Giselle money? (assume that her bills will exceed $250.)
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
Plan A
let total bill be x
she has to pay
50+20%x
Plan B
250+10%x
Plan B < plan A
250+10%x< 50+20%x
250-50 <20%x-10%x
200< 10%x
multiply by100
200*100 <10x
20000<10x
20000/10
2000
The bill should be greater than $2000
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