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A company makes electronic gadgets. One out of every 50 gadgets is faulty, but the company does not know which ones are faulty until a buyer complains. Supposed the company makes a 150 pesos profit on the sale of any working gadget but suffers a loss of 2,000 pesos for every faulty gadget because they have to repair the unit. How much would that company gain in the long run? A) 24.50 B) 67.00 87.00 107 E) None of the above

A company makes electronic gadgets. One out of every 50 gadgets is faulty, but the company does not know which ones are faulty until a buyer complains. Supposed the company makes a 150 pesos profit on the sale of any working gadget but suffers a loss of 2,000 pesos for every faulty gadget because they have to repair the unit. How much would that company gain in the long run? A) 24.50 B) 67.00 87.00 107 E) None of the above

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter11: Data Analysis And Displays
Section: Chapter Questions
Problem 1CA
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A company makes electronic gadgets. One out of every 50 gadgets is faulty, but the company does not know which ones are faulty until a buyer complains. Supposed the company makes a 150 pesos profit on the sale of any working gadget but suffers a loss of 2,000 pesos for every faulty gadget because they have to repair the unit. How much would that company gain in the long run? A) 24.50 B) 67.00 87.00 107 E) None of the above
Transcribed Image Text:A company makes electronic gadgets. One out of every 50 gadgets is faulty, but the company does not know which ones are faulty until a buyer complains. Supposed the company makes a 150 pesos profit on the sale of any working gadget but suffers a loss of 2,000 pesos for every faulty gadget because they have to repair the unit. How much would that company gain in the long run? A) 24.50 B) 67.00 87.00 107 E) None of the above
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