SOLUTION: Bay side insurance offers two health plans. Plan a you have to pay the first $110 of medical bills plus 25% of the rest. Plan B you would pay the first $240 but only 20% of the re

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: Bay side insurance offers two health plans. Plan a you have to pay the first $110 of medical bills plus 25% of the rest. Plan B you would pay the first $240 but only 20% of the re      Log On


   

Question 322531: Bay side insurance offers two health plans. Plan a you have to pay the first $110 of medical bills plus 25% of the rest.
Plan B you would pay the first $240 but only 20% of the rest. What amount of medical bill will save you money. Assume you have over $240 in bills.
How much would you save with with Plan B if you had more in bills?
Thanks for your help I have been working on this problem all afternoon.
Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
Hint: Since "Plan a you have to pay the first $110 of medical bills plus 25% of the rest", this means that the cost of plan A is 110%2B0.25%28x-110%29 dollars, where 'x' is the amount in medical bills. Also, because "Plan B you would pay the first $240 but only 20% of the rest", we know that the cost of plan B is 240%2B0.2%28x-240%29 dollars.