document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=172628>Question 172628</A>This question is from textbook <A HREF=http://www.amazon.com/exec/obidos/ASIN/0131752049/algebrahomeworkh>Thinking Mathematically</A><BR>\n" );
document.write( ": <I><SPAN STYLE=\"word-break: break-all;\"> A service that repairs televisions sells maintenance agreements for $11 a year. The average cost for repairing a television is $34 and 5 in every 100 people who purchase maintenance agreements have televisions that require repair. Find the service's expected profit per maintenance agreement.\r<BR>\n" );
document.write( "\n" );
document.write( "Where to begin.... can't really figure this one out  anyone to help please! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #541116 by </B><A HREF=/tutors/aboutme.mpl?userid=JoelSchwartz><B>JoelSchwartz(130)</B></A><img src=\"/images/stars/stars-09.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=JoelSchwartz><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=541116\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> p=profit<BR>\n" );
document.write( "s=amount of money received from the customer.<BR>\n" );
document.write( "c=cost<BR>\n" );
document.write( "p=s-c<BR>\n" );
document.write( "s=11*100<BR>\n" );
document.write( "11 dollars per agreement times 100 agreements.<BR>\n" );
document.write( "c=34*5<BR>\n" );
document.write( "It costs 34 dollars per television fixed. Out of 100 agreements 5 of them get repaired. Therefore the cost is 34 times five.<BR>\n" );
document.write( "p=1100-170<BR>\n" );
document.write( "p=930<BR>\n" );
document.write( "This is the profit for one hundred agreements. To get the profit per agreement i would divide by 100. The profit per agreement is $9.3<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );