SOLUTION: I'm stuck on this problem and don't have a clue on how to set it up. Will it be a system of equations? If I can get help setting it up I know I can solve it.Could you please help m

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: I'm stuck on this problem and don't have a clue on how to set it up. Will it be a system of equations? If I can get help setting it up I know I can solve it.Could you please help m      Log On

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Question 31007: I'm stuck on this problem and don't have a clue on how to set it up. Will it be a system of equations? If I can get help setting it up I know I can solve it.Could you please help me set it up.
A car rental agency charges a daily fee plus a mileage fee. Mr. Jones was charged $375 for 3 days and 500 miles. Mr. Smith was charged $470 for 4 days and 600 miles. What is the agency's daily fee and what is their mileage fee?

Answer by acerX(62) About Me  (Show Source):
You can put this solution on YOUR website!
Mr. Jones:
375=3x%2B500y
Mr. Smith:
470=4x%2B600y
now solve one equation for x or y, substitute the back into the other equation and you will have one answer, plug this answer into either equation and you will get the other answer.