Question

You need to rent a truck for one day to move to a new house. UHAUL charges $55 a day plus $0.99 per mile. To rent the same sized truck from Penske will cost $350 a day with no mileage charge. At how many miles will both companies have the same total cost? Round your answer to the nearest whole number if needed.

Answer 1

At 298 miles, both companies have the same total cost.

Explanation:

To find out how many miles will both companies have the same total cost, we can set up an equation comparing the cost from UHAUL to the cost from Penske.

Cost from UHAUL = 55 + (0.99 * miles)

Cost from Penske = 350

So, we can set the two costs equal to each other and solve for miles:

55 + (0.99 * miles) = 350

0.99 * miles = 295

miles = 295 / 0.99

miles = 298 (rounded to the nearest whole number)