Question

Travis is an avid skier. He is trying to decide whether to buy ski equipment. Typically, it costs him $60 a day to rent ski equipment and buy a lift ticket. You can buy ski equipment for about $400. A lift ticket alone costs $35 for one day. Find the break-even point.

Answer 1

This problem can be rewritten as the following two equations:

Renting = $60 * (Number of Days)
Buying = $400 + $35 * (Number of Days)

The break even point is where these two equations are equal.