1)
Difference is given in percentage terms. It means that difference will be higher if cost is higher.
Correct option is
greater
2)
Discount | |||
Item | Original Price (Dollars) | $20.00 off (Dollars) | 40% off (Dollars) |
A music box | 80 | 80-20=60 | 80*(1-40%)=48 |
A faux Ming Vase | 60 | 60-20=40 | 60*(1-40%)=36 |
First we estimate the original price,x , at which after discount price is same. i.e.
x-20=x*(1-40%)
x-20=0.6x
0.4x=20
x=$50
It indicates that after discount price is cheaper at Betty's Breakables if original price is higher than $50.
So, customer should buy from Betty's breakables if original price is higher than $50 otherwise from Annie's Attic.
At a price of $50, customer can choose any store.
Suppose that at a gas station across the street, prices are always 20% higher than Bob's....
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