Question

a car rental service rently purchased all new vehicles .to help cover the cost ,rental rates have to increase 26% from the normal rate $45.00 per day. what should the new rate be

Answer 1

Answer:

The new rate should be $56.67 per day

Step-by-step explanation:

Proportion states that the two fractions or ratios are equal.

As per the statement:

Normal rate per day = $45

To find the new rate:

Let new rate be x per day

By definition of proportion:

$\frac{126}{100} = \frac{x}{45}$

By cross multiply we have;

$100x = 126 \times 45$

Divide both sides by 100 we get;

$x = \frac{126 \times 45}{100}$

Simplify:

x = $56.7

Therefore, the new rate should be $56.7 per day