Math Problem Statement
A truck can be rented from Company A for $100 a day plus $0.30 per mile. Company B charges $20 a day plus $0.70 per mile to rent the same truck. Find the number of miles in a day at which the rental costs for Company A and Company B are the same.
Solution
Let the number of miles driven in a day be represented by .
For Company A:
- Daily cost: $100
- Per mile cost: $0.30
Thus, the total cost for Company A is:
For Company B:
- Daily cost: $20
- Per mile cost: $0.70
Thus, the total cost for Company B is:
To find the number of miles at which the costs are the same, we set the two equations equal to each other:
Now, solve for :
-
Subtract from both sides:
-
Subtract from both sides:
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Divide both sides by :
Thus, the number of miles at which the rental costs are the same is miles.
Would you like further explanation on this, or do you have any questions?
Here are 5 related questions you might find helpful:
- How would the costs compare if you drive fewer than 200 miles?
- What if Company B also added a surcharge after a certain number of miles?
- How would you model the costs if you rented the truck for multiple days?
- What if Company A offered a discount for miles over 300 in a day?
- Can you find the breakeven point if both companies charge per hour instead of per mile?
Tip: When solving problems involving comparisons between two linear equations, always look for where the equations intersect to find the breakeven point!
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Math Problem Analysis
Mathematical Concepts
Linear Equations
Cost Comparison
Algebra
Formulas
Cost for Company A: C_A = 100 + 0.30x
Cost for Company B: C_B = 20 + 0.70x
Set C_A = C_B to find breakeven point
Theorems
Basic Linear Equation Solving
Suitable Grade Level
Grades 6-8
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