SOLUTION: This is a cost-revenue word problem. I tried using the form C=Rx+b which just confused me more. A rental company offers two plans. Plan I offers $10 a day and 10 cents a mile, whil

Algebra.Com
Question 892744: This is a cost-revenue word problem. I tried using the form C=Rx+b which just confused me more. A rental company offers two plans. Plan I offers $10 a day and 10 cents a mile, while Plan II charges 14 cents a day, but no flat fee. If you were to drive 300 miles a day, which plan is better? For what mileage are both rates equal?
Answer by Theo(13342)   (Show Source): You can put this solution on YOUR website!
plan 1 costs 10 dollars a day plus 10 cents a mile.

the formula for plan 1 is c = .10 * 300 + 10 = 40 dollars.

plan 2 costs 0 dollars a day plus 14 cents a mile.

the formula for plan 2 is c = .14 * 300 = 42 dollars.

plan 1 is cheaper because the total cost for plan 1 is 40 dollars while the total cost for plan 2 is 42 dollars.

the formula c = rx + b works but you have to be careful what gets assigned to what.

for plan 1, r = .10 and x = 300 and b = 10
for plan 2, r = .14 and x = 300 and b = 0

note that if you had rented for more than a day, the formula would have had to have been c = rx + by
r would be the cost per mile.
x would be the number of miles.
b would be the cost per day.
y would be the number of days.


RELATED QUESTIONS

Word problems have always confused me. I need help in deciphering exactly what the... (answered by stanbon)
You want to rent a mid-size car economically. Avis offers a midsize car for $64.99 with... (answered by richwmiller)
Please help!!! I do not know if this is the correct section or not but I am stumped... (answered by checkley71)
This is a word problem that I have to solve with an equation. A tennis club offers two (answered by checkley77)
Hi I am requesting help for the following word problem A sales person has 2 job offers.... (answered by richwmiller)
Hi, I need help with this one. It's driving me crazy! A textbook company uses the... (answered by Earlsdon)
Hello, Any help with these algebra II questions would be greatly appreciated. I have... (answered by stanbon)
Here is my question: The cost of producing a number of items x is given by C = mx + b,... (answered by funmath)
Mya likes to send and receive pictures. Her friend recommends a different company, Quick... (answered by stanbon)