We know that a pressure control apparatus contains 3 electronic tubes. The apparatus will not work unless all tubes are operative. If the probability of failure of each tube during some interval of time is 0.04.
We calculate the probability of failure of the apparatus.
Less. If you multiple 1 2/5 by $2.99 you would get about $4.19. If you multiple 2 3/10 by $2.99 you would get about $6.88. If you add those together, you would get $11.07, which is less than $12.