Question

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?

Answer 1

In the allocated budget of $130 , the business person can travel 462.55 miles a day.

Explanation:

The daily rate of car service = $37.49

Cost per mile of the car = 20 cents = $ 0.20

Total allocated budget for each day = $130

Now, out of the total budget :

The actual travelling budget = Total Budget - Daily car rate

= $130 - $37.49

= $92.51

So, the actual travelling budget each day = $92.41

Now,
`\textrm{Number of total miles traveled }  = \frac{\textrm{Actual traveling budget}}{\textrm{Rate per mile }}`

=
`(92.51)/(0.20)   = 462.55`

or, the number of miles traveled = 462.55 miles

Hence, in the allocated budget of $130 , the business person can travel 462.55 miles a day.