Answer:
about $145.33
Step-by-step explanation:
Consider a group of 15 customers. They will pay ...
15 × $258 = $3870
in premiums each year.
One-third of those, 5 customers, will submit claims for fillings, so will cost the insurance company ...
5 × $110 = $550
And 80% of them, 12 customers, will submit claims for preventive check-ups, so will cost the company ...
12 × $95 = $1140
The net income from these 15 customers will be ...
$3870 -550 -1140 = $2180
Then the average income per customer is this value divided by the 15 customers in the group:
$2180/15 = $145.33
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<em>Alternate solution</em>
Above, we chose a number of customers that made 1/3 of them and 4/5 of them be whole numbers. You can also work with one premium and the probability of a claim:
258 - (1/3)·110 - 0.80·95 = 145.33
In the given question, there are several information's of immense importance. using these given information's the required answer can be easily deduced. It has already been given that Tom has a total amount of $240. He bought 22 boxes of drinks at $4 per box. rest he spent on buying the 8 boxes of sandwiches.
A. The amount of money the drinks cost in total = (22 * 4) dollars
= 88 dollars
So Tom spent $88 on the drinks
B. Now we have to first find the amount spent by Tom on the box of sandwiches.
Total amount spent by Tom on sandwiches = (240 - 88) dollars
= 152 dollars
Then the amount of money spent by Tom for buying 1 box of sandwich = (152/8) dollars
= 19 dollars
So Tom had to pay $19 for buying a single box of sandwich.
Answer:
7/20 mile farther
Step-by-step explanation:
Subtracting 2/5 mile from 3/4 mile results in the distance you still have to walk:
3/4 - 2/5 = ?
Here the LCD is 20. Thus, 3/4 becomes 15/20 and 2/5 becomes 8/20.
Then 3/4 - 2/5 = 15/20 - 8/20, or 7/20.
You still have 7/20 mile to walk to get home.
The simplified answer is 1/12.
