You lose your electronic tag that you use to pay tolls on the highway in your city.It costs you 24$ to replace the tag. The cost of one toll when you odn't use the tag is 3$.The cost of the same toll when you do use the tag is 1.50$ how many times will you have to use the tag to pay for the tolls in order for the total cost to be the same as not using the tag?
thank you so much.
This was to hard for me
im only in 6 grade
After paying for tag replacement ($24), you save $1.50 each time you use it. 24/1.5 = 16 is the number of times it takes to recover all of your investment.
Check: 16 uses costs you $48 at $3 each (with no card) and $24 + 16*1.5 = $48 (with card)
No problem! I'm here to help you understand. Let's break it down step by step.
First, we need to find out how many times you need to use the tag to make up for the $24 replacement cost.
The difference in cost between using the tag and not using the tag for each toll is $3 - $1.50 = $1.50.
To calculate the number of times you need to use the tag to cover the replacement cost, divide the replacement cost by the difference in cost per toll:
$24 / $1.50 = 16
So, you will need to use the tag 16 times to make up for the $24 replacement cost.
If you have any more questions or if something is unclear, feel free to ask!