Final answer:
To find out how many miles the business person can travel on $120, subtract the daily rate of the luxury car rental from the allotted budget and then divide the remaining amount by the cost per mile.
Step-by-step explanation:
To find out how many miles the business person can travel on $120, we need to subtract the daily rate of the luxury car rental from the allotted budget and then divide the remaining amount by the cost per mile.
Step 1: Subtract the daily rate of $43.42 from $120: $120 - $43.42 = $76.58
Step 2: Divide the remaining amount by the cost per mile, which is 10 cents or $0.10: $76.58 ÷ $0.10 = 765.8 miles
So, the business person can travel approximately 765.8 miles on $120.