A shopper plans to purchase an item that has a listed price greater than and can use any one of the three coupons. Coupon A gives off the listed price, Coupon B gives off the listed price, and Coupon C gives off the amount by which the listed price exceeds .
Let and be the smallest and largest prices, respectively, for which Coupon A saves at least as many dollars as Coupon B or Coupon C. What is ?
- A)
- B)
- C)
- D)
- E)
Answer
A
Key insight
Express each coupon's savings in terms of the price p; A beats B when p >= 200 and beats C when p <= 250.
Solution
Let the listed price be . The savings are
Coupon A saves at least as much as B when , i.e. .
Coupon A saves at least as much as C when
Both conditions must hold, so the valid prices form the interval . Thus , , and .
The answer is .
Why this works
Each coupon is a linear function of the price, and "A is at least as good as the others" is a pair of linear inequalities. A percentage coupon beats a flat coupon for large prices, but a coupon that takes a larger percentage of the excess eventually overtakes it, so the winning region is a bounded interval; the answer is its length.
The trap
Reading 'B or C' as needing A to beat only one of them, or comparing final prices with inconsistent signs and flipping an inequality.
Common mistakes
- Reading 'B or C' as needing A to beat only one of them, or comparing final prices with inconsistent signs and flipping an inequality.
- Forgetting the in coupon C and solving , which has no solution above .
Techniques
Set up the equation/formula and compute; no special trick needed