Question

From the following information, determine the number of miles driven. Choose the right answer. Gas and oil costs = $1,000.00 Repair/Maintenance = $700.00 Operating cost per mile = $0.08 Miles driven = ________ miles

Answer 1

Quiz 4: Purchases, Sales, Travel

A certain car costs $11,595 before taxes are added. Taxes are $860 and license tags cost $95.

Cost of article = $45

Percentage of markup (on cost) = 21%

Retail price?

54.45

How much discount are you giving as a percentage of price

8.0

4. 21250

5. 94.25

6. Managers

7. 1, 3, 5, 4, 6, 2

8. 1945

9. 3740

10. 0-2 years and more than 8 years

11. 9.1

12. No

13. 12.31 - 17.78

116.67 - 83.33

20.83 - 41.67

149.81 - 142.78

14. 82.33

15. 1449

16. 8:30 pm

17. 313.50 41.6%

18. 86.1 - decrease

Answer 2

We are given with
Gas and oil costs = $1,000.00
Repair/Maintenance = $700.00
Operating cost per mile = $0.08

The operating cost includes both the gas and oil costs and the repair/maintenance
Operating cost = $1000 + $700 = $1700

The miles driven is
$1700 / $0.08 = 21250 miles