1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga55 [171]
1 year ago
10

A company is considering two different prize policies for a sweepstakes. In Policy A, the cost to enter is $5. and the overall w

in rate is 10%. 90% of the winners receive a product worth $10. 9.5% of the winners receive a product worth $50, and 0.5% of the winners receive $250 in cash. In Policy B, the cost to enter is $10, and the overall win rate is 15%, 80% of the winners receive a product worth $10, 18% of the winners receive a product worth $50, and 2% of the winners receive $250 in cash.
The company predicts that Policy A will attract 10.000 entries, and Policy B will attract 5000 entries. Which policy makes the largest proſt for the company? By how much?
a. Policy A, by 1500
b. Policy A, by 4000
c. Policy B, by 1500
d. Policy B, by 4000

An explanation would be really awesome!​
Mathematics
1 answer:
Natali5045456 [20]1 year ago
3 0

The policy that makes the largest proſit for the company is Policy A, by $1500.

<h3>Which policy makes the largest proſIt?</h3>

Profit is the amount paid by people to enter the sweepstakes less the amount they can win.

  • Policy A's profit: $5 - 0.1[(0.9 x $10) + (0.095 x $50) + (0.005 x $250)] = $5 - 1.5 = $3.5

$3.5 X 10,000 = $35,000

  • Policy B's profit:10 - 0.15[(0.8 x 10) + (0.18 x 50) + (0.02 x 250) = 10 - 3.30 = 6.7

$6.7 X 5000 = $33500

  • Difference in profits = $35,000 - 33500 = $1500

To learn more about profit, please check: brainly.com/question/26181966

#SPJ1

You might be interested in
Classify the triangle by it's angels and sides. Explain how you knew which classifications to use. 8, 70 degrees, 11, 45 degrees
anzhelika [568]

The angles degrees are all less than 90 degrees. Therefore the triangle is an acute triangle

7 0
3 years ago
Luigi has a piece of cloth that is 42 inches long. He wants to divide it into 3 equal pieces. What is the length of each piece?​
Ivanshal [37]

Answer:

if you divide it by 2, you would have 128 slices because 256 ÷ 2 gives you 128, and when you multiply 128 by 2 you get 26.

Step-by-step explanation:

7 0
3 years ago
What's a divisor a dividend and a quotient<br><br>​
Hoochie [10]
Quotient is the correct answer
8 0
2 years ago
Colin gets £xx wages each week. After he pays his tax of £tt, he then pays his rent of £250. He shares what's left between himse
Levart [38]

9514 1404 393

Answer:

  (x -t -250)/2

Step-by-step explanation:

The amount left from x after paying t and 250 is ...

  x -t -250

If this is split into two equal parts, each share is ...

  share = (x -t -250)/2

5 0
2 years ago
The fractions of 4/6 &amp; 5/10
telo118 [61]
I don't understand your question are you multiplying or what
7 0
3 years ago
Read 2 more answers
Other questions:
  • Is one half equal to 7/12
    8·2 answers
  • Explain! Prize! Thank you!!!!
    15·2 answers
  • Solve for x.<br> 5+3(4x - 1) = 14<br> Enter your answer in the box.<br> X=
    14·2 answers
  • Find an equivalent fraction 1/8 = x/56
    11·2 answers
  • In The Figure Below, M/A=41 And M/B= (2x+3)
    6·1 answer
  • 2x-y=-1 , 3x-y=2 solve by substition
    5·1 answer
  • una alberca tiene forma de prisma rectangular sus dimensiones son 12 metros de largo 6 metros de ancho y 3 metros de profundidad
    15·1 answer
  • What is 10 x 10 x 10 ????????????????????????????????????????????????????????
    15·2 answers
  • What’s 4810 divided by 13?
    7·1 answer
  • 14 less than 5 times a number
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!