Math Problem Statement
You're choosing between two car rental companies. Company A charges an initial fee of $15 with $.25 per mile, while Company B only charges $.50 per mile. How many miles will it take for both companies to have the same service price? What's this price amount? Use the following systems of linear equations to solve by graphing.
Company A: y = 0.25x + 15 Company B: y = 0.50x
Solution
To find the number of miles at which both companies have the same service price, we need to solve the system of linear equations by graphing.
Given the equations:
- Company A:
- Company B:
Step-by-step process:
- Find the point of intersection by setting both equations equal to each other:
- Solve for :
Subtract from both sides:
Now, divide both sides by 0.25:
So, the two companies will charge the same price after 60 miles.
- Find the price by plugging into either equation. We'll use Company B's equation for simplicity:
So, the price for both companies at 60 miles will be $30.
Conclusion:
- The companies will charge the same price at 60 miles.
- The price at this point is $30.
Would you like more details, or do you have other questions? Here are some related questions you can explore:
- How does the initial fee in Company A's pricing affect the overall cost for different distances?
- How would the costs change if the initial fee for Company A were different?
- What happens if Company B has a different per-mile charge, say $0.75 per mile?
- How would the equations change if both companies introduced a discount for longer rentals?
- How can you use the concept of linear equations to compare other types of services with variable costs?
Tip: When solving systems of equations by graphing, plotting the two equations on the same graph can visually show the point of intersection, which is the solution to the system.
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Math Problem Analysis
Mathematical Concepts
Linear Equations
System of Equations
Graphing
Formulas
y = 0.25x + 15
y = 0.50x
Theorems
Solving systems of linear equations by graphing
Suitable Grade Level
Grades 7-9
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