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you can solve this question by using equation--
0.6 + 0.06(x-7) = 0.08x
X= duration in minutes.
Under plan A cost is 0.6 + 0.06(x-7)
Under plan B the cost is $0.08X
since the amount needs to be equal as stated solve for X .
X=9
OA
9
0.6 + 0.06(x-7) = 0.08x
X= duration in minutes.
Under plan A cost is 0.6 + 0.06(x-7)
Under plan B the cost is $0.08X
since the amount needs to be equal as stated solve for X .
X=9
OA
9
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Algebraic Approach:puneet2329 wrote:A certain phone company offers two plans A and B. Under plan A, the company charges a total of $0.6 for the first 7 minute of each call and $0.06 per minute thereafter. Under plan B the company charges $0.08 per minute of each call. What is the duration of call, in minutes, for which the company charges the same amount under plan A and under plan B?
A. 2
B. 9
C. 15
D. 21
E. 30
Let us assume if the duration of the call was N minutes, then the charge is same under both plans.
Now, charge under plan A = (a total of $0.6 for the first 7 minutes) + ($0.06 per minutes for (N - 7) minutes) = $0.6 + $(0.06)*(N - 7)
And, charge under plan B = $0.08 per minutes for N minutes) = $(0.08)*N
So, 0.6 + (0.06)*(N - 7) = (0.08)*N
--> 0.6 + (0.06)*N - 0.42 = (0.08)*N
--> (0.02)*N = 0.6 - 0.42 = 0.18
--> N = 0.18/0.02 = 18/2 = 9
[spoiler]
The correct answer is B.[/spoiler]
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Plugging Options:
This problem can be easily solved by plugging the answer choices.
A. If the duration of the call is 2 minutes,
[spoiler]
The correct answer is B.[/spoiler]
This problem can be easily solved by plugging the answer choices.
A. If the duration of the call is 2 minutes,
- Charge under plan A = $0.6
Charge under plan B = $(0.08)*2 = $0.16
As the charges are not equal, option A is not the correct answer.
- Charge under plan A = $0.6 for first 7 minutes + $0.06 per minutes for (9 - 7) minutes = $0.6 + $(0.06)*2 = $0.6 + $0.12 = $.72
Charge under plan B = $(0.08)*9 = $0.72
As the charges are same, option B is the correct answer.
[spoiler]
The correct answer is B.[/spoiler]
Anju Agarwal
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Wavy Curve Method : Solving complex inequalities in a matter of seconds.
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Under plan A, the cost of the first 7 minutes = 60 cents.A certain telephone company offers two plans, A and B. Under plan A, the company charges a total of $0.60 for the first 7 minutes of each call and $0.06 per minute thereafter. Under plan B, the company charges $0.08 per minute of each call. What is the duration of a call, in minutes, for which the company charges the same amount under plan A and under plan B?
A. 2
B. 9
C. 15
D. 21
E. 30
Since plan B charges 8 cents per minute, the cost of the first 7 minutes under plan B = 7*8 = 56 cents.
Plan B needs to catch up by 4 cents.
We can plug in the answers, which represent the total time required for the two plans to charge the same amount.
After the first 7 minutes, the difference between plan B's rate and plan A's rate = 8-6 = 2 cents per minute.
Since plan B is behind plan A by only 4 cents, it will not take long for plan B to catch up to plan B.
Thus, answer choice B -- which implies that only 2 additional minutes are needed -- seems almost certain to be correct.
Answer choice B: 7 minutes + 2 additional minutes
Total cost for plan A = 60 + 2(6) = 72.
Total cost for plan B = 56 + 2(8) = 72.
Success!
The correct answer is B.
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Followed here and elsewhere by over 1900 test-takers.
I have worked with students based in the US, Australia, Taiwan, China, Tajikistan, Kuwait, Saudi Arabia -- a long list of countries.
My students have been admitted to HBS, CBS, Tuck, Yale, Stern, Fuqua -- a long list of top programs.
As a tutor, I don't simply teach you how I would approach problems.
I unlock the best way for YOU to solve problems.
For more information, please email me (Mitch Hunt) at [email protected].
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