Question

You lose an online auction for an autograph. Your losing bid of $28 is 40% of the winning bid. How much less was your bid than the winning bid?

Answer 1

My bid was $42 less than the winning bid.

Explanation:

The winning bid is x.

$28 is 40% of x

0.4x = 28

x = 28/0.4

x = 70

The winning bid was $70.

$70 - $28 = $42

Answer: My bid was $42 less than the winning bid.