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Matthew currently has enough money to buy 45 toy cars. If the cost of each car was 10 cents less, Matthew could buy 5 more cars. How much money does Matthew have to spend on toy cars?
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let \(p\) be the price of a car, in cents. He has enough to buy 45 cars, so he has 45p. Now to nail down the value of p, we also know that 45p = (45+5)(p-10), because he can afford 5 more cars if each one costs 10 cents less, or p-10. \[45p = (45+5)(p-10)\]\[45p = 50(p-10)\]
Use the distributive property on that, then solve for \(p\). When you have \(p\), multiply it by 45 to find out how much money he has.
Keep in mind that your answer will be in cents, not dollars :)
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