Answered

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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

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