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Jeffrey wants to get his truck custom-painted, so he is researching prices for different painting companies. He has found the following information: Assume that all four companies will take 5 hours to complete the job and will use $240 in materials. Which company will give Jeffrey the lowest price? A : Company 1 B : Company 3 C : Company 2 D : Company 4

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Answer:

D : Company 4

Explanation:

Since all the painting companies require 5 hours to paint the truck, and they all will use the same amount of materials, then you have to choose the company that charges the lowest rate per hour:

  • Company 1 charges $57 per hour x 4 hours = $285 + $240 = $525
  • Company 2 charges $52.50 per hour x 4 hours = $262.50 + $240 = $502.50
  • Company 3 charges $48.95 per hour x 4 hours = $244.75 + $240 = $484.75
  • Company 4 charges $46.20 per hour x 4 hours = $231 + $240 = $471 ⇒ lowest price

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