A rental company buys a truck for 54000 The cost to maintain

A rental company buys a truck for $54,000. The cost to maintain the truck averages $8.00 per day. As a result, the total cost function is defined as C(x) = 8.x + 54000. The truck rents for $98.00 per day: as a result the total revenue function is defined as R(x) = 98x. Let x = number of days truck is rented. If the truck is rented every day. how many days will it take the company to break-even on the cost of buying & maintaining it? 600 551 6750 6760

Solution

Company breaks even when Revenue becomes equal to the Cost

ie R(x)=C(x)

98x=8x+54000

90x=54000

9x=5400

x=600

A. 600