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
For price p, Coupon A saves 0.15p, B saves 30, C saves 0.25(p - 100). A ties B at p = 200 and ties C at p = 250.
Solution
Start with a few real prices to see how the coupons compare. Savings in dollars:
| Price | A: off | B: off | C: of the amount over |
|---|---|---|---|
At low prices A loses to B, and at high prices A loses to C. A is best somewhere in the middle. Now find the exact edges.
1. Let the price be dollars. The savings are
2. A against B. We need . Divide by : .
3. A against C. We need . Move the terms to one side: , so .
4. A must do at least as well as both coupons, so is from to . The smallest price is and the largest is .
5. So .
The answer is .
Why this works
Each coupon's savings is a simple straight-line formula in the price. A percent-off coupon grows with the price, so it passes a flat coupon once the price is high enough. But Coupon C takes a bigger percent (of the part above ), so it eventually catches up with A. The prices where A wins form one stretch between those two crossing points, and the question asks for its length.
The trap
Reading 'B or C' as 'at least one of them'. Coupon A has to save at least as much as both B and C.
Concise 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 .
Review in the AoPS books
- Introduction to Algebra, Chapter 3: One-Variable Linear Equations (§3.3, §3.4)
- Introduction to Algebra, Chapter 6: Ratios and Percents
- Introduction to Algebra, Chapter 20: Special Functions (§20.2, §20.5)
- Introduction to Algebra, Chapter 7: Proportion (§7.4)
Techniques
Set up the equation/formula and compute; no special trick needed