<PRE><B>Question 172628</B>
p=profit
s=amount of money received from the customer.
c=cost
p=s-c
s=11*100
11 dollars per agreement times 100 agreements.
c=34*5
It costs 34 dollars per television fixed. Out of 100 agreements 5 of them get repaired. Therefore the cost is 34 times five.
p=1100-170
p=930
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
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