Q:

Value rent a car rents a luxury car at a daily rate of $37.49 plus 20 cents per mile. A business person is allotted $130 for car rental each day. How many miles can the business person travel on the $130?

Accepted Solution

A:
Answer:In the allocated budget of $130 , the business person can travel 462.55 miles a day.Step-by-step explanation:The daily rate of car service = $37.49Cost per mile of the car   = 20 cents   = $ 0.20Total allocated budget  for each day  = $130Now, out of the total budget : The actual travelling budget  = Total Budget  - Daily car rate                                                 =  $130  -  $37.49                                                   =   $92.51So, the actual travelling budget each day = $92.41Now, [tex]\textrm{Number of total miles traveled }  = \frac{\textrm{Actual traveling budget}}{\textrm{Rate per mile }}[/tex]= [tex]\frac{92.51}{0.20}   = 462.55[/tex]or, the number of miles traveled  = 462.55 milesHence, in the  allocated budget of $130 , the business person can travel 462.55 miles a day.