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2 years ago

6

Kaitlin bought 6 CDs that were each the same price. Including sales tax, she paid a total of 68.40. Of that total, 4.80 was tax.

What was the price of each CD before tax?

2 answers:

kiruha [24]2 years ago

6 0

Answer:

(68.4-4.8)/6=10.6

cost of one cd=10.6

11111nata11111 [884]2 years ago

5 0

All you had to do is add 68.40 and 4.80 then dived 6

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1. The expected pay-out on each policy is 250 * 1/90 + 12000 * 1/100 + 17000 * 1/400 = $165. So that's what the premium would have to be in order to get a profit of 0.

2. The profit per policy is the premium the company receives minus the expected payout = 350 - 165 = $185.

3. The expected profit on 375 policies would be 375 * 185 = $69375

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