Answered

At Westonci.ca, we connect you with the best answers from a community of experienced and knowledgeable individuals. Experience the ease of finding accurate answers to your questions from a knowledgeable community of professionals. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

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

Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.