Cayley H. answered 02/22/15
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This equation uses 2 variables - how do we know what our variables should be? Our hint here is what the question asks for at the end… the number of bike rentals and the number of skate rentals.
Let's name our variables
b=number of bike rentals
s=number of skate rentals
We have two variables, so we'll need two equations to be able to solve.
The first one we write will use the total number of rentals (20). The total number of rentals is really just the sum of the number of bike rentals and the number of skate rentals.
b+s=20
The second equation uses the total revenue for the day ($455 - how much the business made). Revenue is equal to the number of goods sold multiplied by the price of goods sold (if you buy 3 ice cream bars for $2 each, you would multiply the number of bars, 3, by the price per bar, $2, to get $6 total) . In this situation we have two different types of goods, so we'll need to take advantage of our variables.
25b+20s=455
Now let's look at our two equations together
b+s=20
25b+20s=455
There are many ways to solve this, but in whatever method you choose, you will need to solve for one variable and then plug back in to get the other.
I would isolate a variable in the first equation
b=20-s
and plug into the second equation to solve
25(20-s)+20s=455
500-25s+20s=455
500-5s=455
45=5s
9=s
You can then plug the result back into one of the original equations to find b
b+s=20
b+9=20
b=11
11 bike rentals and 9 skate rentals.
Now to double check
11 bike rentals at $25 each = $275
9 skate rentals at $20 each = $180
$275+$180=$455