The cost of a taxi ride is $1.2 for the first mile and $0.85 for each additional mile or part thereo

Discussion in 'Calculator Requests' started by math_celebrity, Jan 31, 2022.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    The cost of a taxi ride is $1.2 for the first mile and $0.85 for each additional mile or part thereof. Find the maximum distance we can ride if we have $20.75.

    We set up the cost function C(m) where m is the number of miles:
    C(m) = Cost per mile after first mile * m + Cost of first mile
    C(m) = 0.8(m - 1) + 1.2
    C(m) = 0.8m - 0.8 + 1.2
    C(m) = 0.8m - 0.4

    We want to know m when C(m) = 20.75
    0.8m - 0.4 = 20.75

    Typing this equation into our math engine, we get:
    m = 26.4375
    The maximum distance we can ride in full miles is 26 miles
     

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