SOLUTION: You are choosing between two plans at a discount warehouse. Plan A offers an annual membership fee of $170 and you pay 30% of the manufacturer's recommended list price. Plan B of

Algebra ->  Finance -> SOLUTION: You are choosing between two plans at a discount warehouse. Plan A offers an annual membership fee of $170 and you pay 30% of the manufacturer's recommended list price. Plan B of      Log On


   



Question 213174:
You are choosing between two plans at a discount warehouse. Plan A offers an annual membership fee of $170 and you pay 30% of the manufacturer's recommended list price. Plan B offers an annual membership fee of $70 and you pay 80% of the manufacturer's recommended list price. How many dollars of merchandise would you have to purchase in a year to pay the same amount under both plans? What will be the cost for each plan?

Answer by checkley77(12844) About Me  (Show Source):
You can put this solution on YOUR website!
170+.3x=70+.8x
.3x-.8x=70-170
-.5x=-100
x=-100/-.5
x=200 dollar worth of purchases will make the 2 plans equal.