Question

A video game store offers 3 types of rentals: new release, recent release, and classic. Store workers survey every 10th customer about their preferred rental. The table shows the results of the survey. Type of Rental Survey Response Frequency Profit per Rental ($) new release 28 4.25 recent release 13 3.80 classic 9 3.15 If the store owner expects to have 1,250 rentals next month, how much profit can the owner expect to earn from recent release game rentals?

profit

Answer 1

Answer: To find the profit from recent release game rentals, first multiply the number of recent release rentals by their profit per rental: 13 rentals * $3.80 per rental = $50.40

Next, multiply the profit from recent release rentals by the percentage of recent releases in the total number of rentals: $50.40 * (13/40) = $16.80.

So, the owner can expect to earn $16.80 in profit from recent release game rentals.

Explanation: