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An electric guitar costs $830, with a $225 full-replacement warranty. if the manufacturer sells 532,475 warranties and has to honor 12% of them, how much profit did the manufacturer gain from the warranties? a. $105,430,050 b. $66,772,365 c. $53,034,510 d. $508,726,615

User Titianne
by
4.5k points

1 Answer

10 votes

Answer:

b.

$66,772,365

Explanation:

100% on EDGE

User Arvind Singh
by
4.2k points