1. **Stating the problem:** We have two shops offering discounts on the same phone. We want to find:
a) Which shop offers the lower price?
b) The difference in the offer prices between the two shops.
2. **Understanding the offers:**
- Low-cost Larry's: "1/3 Was £90 off today" means the original price was £90 and the discount is \(\frac{1}{3}\) of the original price.
- Markdown Market: "Was £78 Save 20%" means the original price was £78 and the discount is 20% of £78.
3. **Calculating the offer price at Low-cost Larry's:**
- Original price \(P_L = 90\)
- Discount \(D_L = \frac{1}{3} \times 90 = 30\)
- Offer price \(O_L = P_L - D_L = 90 - 30 = 60\)
4. **Calculating the offer price at Markdown Market:**
- Original price \(P_M = 78\)
- Discount \(D_M = 20\% \times 78 = 0.20 \times 78 = 15.6\)
- Offer price \(O_M = P_M - D_M = 78 - 15.6 = 62.4\)
5. **Comparing the offer prices:**
- Low-cost Larry's offer price: £60
- Markdown Market offer price: £62.4
Since £60 < £62.4, Low-cost Larry's has the lower offer price.
6. **Calculating the difference in offer prices:**
- Difference \(= 62.4 - 60 = 2.4\)
So, the phone is £2.4 cheaper at Low-cost Larry's.
**Final answers:**
- a) Low-cost Larry's has the lower offer price.
- b) The difference in offer price is £2.4.
Phone Offers
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