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azariah7
21.12.2019 •
Mathematics
At a gas station where people can pay in cash or by credit card, 20% of people pay by credit card and 80% of people pay cash. a gallon of gas costs $4.00 if paid by card and $3.50 if paid by cash. what is the expected revenue for a gallon of gas sold at this station?
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Ответ:
- $4.00 if paid by card,
- $3.50 if paid by cash.
0.2 * 4.00 + 0.8 * 3.50 = 0.8 + 2.8 = $3.60
The expected revenue for a gallon of gas is $3.60.
Ответ:
The expected revenue for a gallon of gas sold at this station is $3.60.
Step-by-step explanation:
Since we have given that
Percentage of people who pays by credit card = 20%
= 0.2
Percentage of people who pays by cash =
80% = 0.8
Cost of a gallon of gas paid by card
= $4.00
Cost of a gallon of gas paid by cash =
$ 3.50
So, Expected revenue for a gallon of gas sold at this station is given by
so, it becomes,
Hence, the expected revenue for a gallon of gas sold at this station is $3.60.
Ответ:
x + 0.085x
Step-by-step explanation:
Because.. in the last sentence it says the total cost which means add so then you eliminate b and d...so after that before 8.5% it says sales tax...so then that is when you add a x at the end. so it isx+0.085x.