Answered

Looking for trustworthy answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Renting a car costs $40 per day or $750 per month. renting daily is cheaper for a few days, but after how many days is it cheaper to rent on a monthly basis?

Sagot :

tushargupta0691

Renting a car on a monthly basis after 19 days makes it cheaper than renting on a daily basis.

How to solve such questions?

The key concept for solving such questions is by calculating the number of days on which both renting a car on a monthly basis equals renting a car on daily basis. So on the very next day as renting a car on daily basis still adds up the expense it will become costlier and renting a car on monthly basis makes it cheaper.

Given:-

Cost of renting car on a daily basis = $40

Cost of renting car on a monthly basis = $750

Let number of days on which both renting a car on a monthly basis equals renting a car on daily basis be x.

Therefore

40 × x = 750

x =  [tex]\frac{750}{40}[/tex]

x = 18.75 days

From 19th day onwards cost of renting on a daily basis will exceed cost of renting car on a monthly basis.

Thus , Renting a car on a monthly basis after 19 days makes it cheaper than renting on a daily basis.

Learn more about renting questions here :

https://brainly.com/question/11590166

#SPJ4

Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.