1. Two bike rental companies have different pricing systems. Company A charges a flat fee of $4
plus S2 per mile. Company B does not charge a flat fee but charges $2.80 per mile driven. At
what distance do both companies charge the same amount?
Answers
Given : Two bike rental companies have different pricing systems.
Company A charges a flat fee of $4 plus $2 per mile.
Company B does not charge a flat fee but charges $2.80 per mile driven.
To Find : At what distance do both companies charge the same amount?
Solution:
Let say after d miles both companies charge the same amount
Company A charges a flat fee of $4 plus $2 per mile.
Hence company A charges = 4 + 2d
Company B does not charge a flat fee but charges $2.80 per mile driven.
=> Hence company B charges = 0 + 2.8d
0 + 2.8d = 4 + 2d
=> 0.8d = 4
=> d = 5
At 5 miles both companies charge the same amount
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