SOLUTION: A company that is selling computer tablets has determined that it regularly makes a net profit of $180 for each computer tablet they sell. The company decides to start a rebate pro

Question 1159060: A company that is selling computer tablets has determined that it regularly makes a net profit of $180 for each computer tablet they sell. The company decides to start a rebate program in which they will give a $30 rebate VISA gift card for anyone that fills out the rebate forms. The actuary at the company predicts that only 18% of the people that purchase their tablets will successfully fill out the paper work and use the $30 rebate. What should the company expect their net profit per tablet sold to drop to after the rebate program? (The company will still earn $180 net profit for most customers)
Answer by CubeyThePenguin(3113) (Show Source): You can put this solution on YOUR website!
net profit = ($150 * 18 + $180 * 82)/100 = $174.60
RELATED QUESTIONS
Find the net price of a computer that lists for $660 if a discount rate of 10% is... (answered by TimothyLamb)

The marketing department of a company has determined that the profit for selling x... (answered by checkley79)

The polynomial function P(x)=50x-50,000 models the relationship between the number of... (answered by MathLover1)

Monique is starting her own on-line business selling jewellery that she makes. It cost... (answered by nyc_function)

Julia is starting her own on-line business selling jewellery that she makes. It cost her... (answered by Fombitz)

A) A shop buys tablets for $102.00 each and sells them for $180 each. The shop has a... (answered by Jstrasner)

can you please help me solve this problem? A telephone company finds that there is a net... (answered by ankor@dixie-net.com)

determine the unknown quantities and represent these with appropriate variables.... (answered by solver91311)

A survey for brand recognition is done and it is determined that 70% of consumers have... (answered by dfrazzetto)