Mark spends his weekly income on gin and cocktail olives.The price of gin has risen from $7 to $9 per bottle,the price of cocktail olives has fallen from $6 to $5 per jar,and Mark's income has stayed fixed at $46 per week.Since the price changes,Mark has been buying 4 bottles of gin and 2 jars of cocktail olives per week.At the original prices,4 bottles of gin and 2 jars of cocktail olives would have

Question

Quizplus · Accepted Answer

At the original prices, 4 bottles of gin would have cost Mark 4 x $7 = $28, and 2 jars of cocktail olives would have cost him 2 x $6 = $12. Therefore, Mark would have spent a total of $40 on gin and cocktail olives, leaving him with $6 of his original $46 weekly income.

However, with the price changes, Mark now spends 4 x $9 = $36 on gin and 2 x $5 = $10 on cocktail olives, for a total of $46 - ($36 + $10) = $0 left over. This suggests that Mark's original spending on gin and cocktail olives was less than his weekly income, so the answer must be (C) cost less than his income.

Mark Spends His Weekly Income on Gin and Cocktail Olives