Math Problem Statement
Suppose you are shopping for a new car, and you've narrowed your search to two options:
A $25,107 regular car whose fuel consumption is 23 miles per gallon. A $27,543 hybrid car whose fuel consumption is 42 miles per gallon. If the cost of gas is $2.53 per gallon, how many miles would you have to drive the hybrid car in order for the gas savings to recover the difference in the cost of the two cars?
Round your answer to the nearest mile (whole number).
Solution
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Math Problem Analysis
Mathematical Concepts
Cost-Benefit Analysis
Linear Equations
Formulas
Cost Difference = Cost of Hybrid - Cost of Regular
Cost per mile = Cost of Gas / Miles per Gallon
Savings per mile = Cost per mile (Regular) - Cost per mile (Hybrid)
Break-even Miles = Cost Difference / Savings per mile
Theorems
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Suitable Grade Level
Grades 10-12
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