Answer:
To find the point of intersection, we can equate the two equations to eliminate either x or y. For example, let's equate them for y:
100 + 65x = 40 + 80x
Solving for x:
60 = 15x
x = 4
Substituting x = 4 into one of the equations, say Mikes repair shop:
y = 100 + 65x
y = 100 + 65 * 4
y = 100 + 260
y = 360
So the point of intersection is (4, 360).
The point of intersection (4, 360) represents the hours and cost at which both repair shops charge the same amount. In other words, if it takes 4 hours to repair your car, then both Mikes repair shop and Amy's auto repair will charge you the same amount of $360.
If it takes 3 hours to fix your car, then the cost at Mikes repair shop will be:
y = 100 + 65x
y = 100 + 65 * 3
y = 100 + 195
y = 295
And the cost at Amy's auto repair will be:
y = 40 + 80x
y = 40 + 80 * 3
y = 40 + 240
y = 280
So Amy's auto repair is cheaper and the cost will be $280.
Hope this helps!